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    Princeton Jct Office Complex Title is generated by Realmo AI

    231 Clarksville Rd, West Windsor Township, NJ 08550

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    Office complex near train station and restaurants in West Windsor.

    Type:OFFICE
    Property size:
    27,769 SF
    Lot size:
    5.74 Acres
    Price / SF:
    $156/SF
    Added:
    Mar 27, 2025
    Days on Market:
    445
    Last Refresh:
    May 19 at 9:51 pm

    Property Features for 231 Clarksville Rd

    General Information

    Standard status
    Active
    Size
    27,769 SF
    Lot size
    5.74 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 231 Clarksville Rd Contact us

    We can help!

    Listing Contact
    Gerard J. Fennelly

    Listing agent Gerard J. Fennelly

    Listing office Fennelly Associates

    Listing date Mar 27, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Fennelly Associates

    HighLights

    • Walking distance to restaurants and Train Station
    • Suite Entrance offers direct access to/from parking lot
    • Located in the heart of Princeton Jct NJ; 15 min. from Princeton; Close to Routes 1, 130
    • Operable Windows, Separate Mechanical Systems
    • Unit 7A: 1,575 SF
    • Unit 4B: 1,338 SF

    Overview

    The property is a 27,773 square foot building complex located in Mercer County, in the heart of Princeton Junction, New Jersey, and is 15 minutes from Princeton. It is close to Routes 1 and 130. Unit 4B offers 1,338 square feet of space, while Unit 7A provides 1,575 square feet. The suite entrance offers direct access to and from the parking lot. The building features operable windows and separate mechanical systems. It is within walking distance to restaurants and the train station.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $373.2k $13.44
    − Vacancy −$41.1k −$1.48
    EGI $332.2k $11.96
    − OpEx −$83.0k −$2.99
    NOI $249.1k $8.97
    27,769 SF · lease $13.44/SF/yr · vacancy 11.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.56M
    $3.11M – $4.15M (±1% cap)
    NOI $249,121 @ 7.0% cap · market cap 5.73%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Warehouse
    $8.93M
    $7.82M – $10.42M (±1% cap)
    NOI $625,402 @ 7.0% cap · market cap 14.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Mcbride Greg Lcadc ... Social Service Agency Enerex | Retail Energy's ... (Bike/Boat/Book/etc) Store Gregory H. Moore, ... Physician Dr. Sheila Josephs Physician Garson Eliot E ... Physician

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Auto Repair Shop Pharmacy Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Windsor Township
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.6392
    Latitude
    40.3006

    Nearby Similar for Sale

    • $10,000,000
      53,000 SF

      53,000 SF HQ Opportunity

      53,000 SF property on 5.1 acres in West Windsor.
      195 Clarksville Rd, West Windsor Township, NJ 08550
      View Details
    • $4,350,000
      27,773 SF

      Princeton Junction Office/Medical Complex

      27,773 SF office/medical complex near Princeton Junction Train Station.
      231 Clarksville Rd, West Windsor Township, NJ 08550
      View Details

    FAQs

    What type of property is this?
    Office units - Office complex near train station and restaurants in West Windsor.
    Where is this office units located?
    The property is located at 231 Clarksville Rd West Windsor Township, NJ.
    What is the asking price?
    The asking price for this property is $4,350,000.
    What are key features of this property?
    This property features: Walking distance to restaurants and Train Station; Suite Entrance offers direct access to/from parking lot; Located in the heart of Princeton Jct NJ; 15 min. from Princeton; Close to Routes 1, 130
    (609) 306-3158 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Gerard J. Fennelly
    Learn More
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