Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    58 Weber Ave Ewing, NJ 08638

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4,600 /Mo

    Versatile corner property ideal for auto-related, fleet, or service businesses.

    Lot size:
    0.18 Acres

    Property Features for 58 Weber Ave

    General Information

    Standard status
    Active
    Lot size
    0.18 Acres

    Building Details

    Year built
    1950

    We can help!

    Listing Contact
    Carlene Herring
    Source: Corcoran

    Listing Agency: RADIANCE REALTY & ASSOCIATES Listing Agent: Carlene Herring

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

    Learn more

    Overview

    Ewing Township Commercial Leasing Opportunity

    This commercial leasing opportunity is located in Ewing Township. The corner property features a fully fenced lot with space to accommodate up to 20 vehicles. This makes it suitable for contractors, auto-related businesses, fleet operations, or service-based companies. The building includes three office spaces, including a dedicated receptionist area. There are also two drive-in bays with the capacity to fit up to three vehicles at once, one car lift, high ceilings, three separate entrances, one restroom, and an additional rear storage area. The paved and secured lot enhances usability and security. The layout supports a variety of commercial uses.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Similar Places Nearby

    Enterprise Rent-A-Car, Trailer Rental at U-Haul, Posh Car Wash & Express Lube, U-Haul Neighborhood Dealer, Tool & Truck Rental Center at The Home Depot

    Location Insight

    • Map
    • Local Demand
    City
    Ewing
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7661984
    Latitude
    40.2405555

    Nearby Similar for Lease

    • $18 SF/Yr
      116,741 SF

      Ewing Professional Park Office Suites

      Professional and medical office suites available for lease in Ewing.
      1901 N Olden Ave, Ewing, NJ 08618
      View Details
    • $15 SF/Yr
      5,710 SF

      Retail Storefront with Display Windows

      Divisible retail space featuring display windows and ample parking.
      18 Arctic Pkwy, Ewing, NJ 08638
      View Details
    • $2,800 /Mo

      Ewing Storefront Business Opportunity

      2200 SF storefront on Parkway Ave, ideal for entrepreneurs.
      266 Parkway Ave, Ewing, NJ 08618
      View Details
    • $18 SF/Yr
      1,000 SF

      Ewing Retail Space Available

      Retail space available for lease in Ewing, New Jersey.
      183-197 Scotch Rd, Ewing, NJ 08628
      View Details
    • $3,995,000
      4,062 SF

      Ewing Retail Space Available

      Retail space available for rent in Ewing, New Jersey.
      1852 N Olden Avenue Ext, Ewing, NJ 08638
      View Details
    • $3,750,000
      27,400 SF

      Ewing Warehouse with Rebuilt Office

      24,200 SF warehouse with 3,200 SF rebuilt office.
      1570 N Olden Avenue Ext, Ewing, NJ 08638
      View Details
    • Contact for pricing
      2,100 SF

      Warehouse with Outdoor Storage

      Single-story warehouse with office area and drive-in door.
      10 Industry Ct, Ewing, NJ 08638
      View Details
    • $4,000 /Mo

      Professional Office Suite For Rent

      Professional office suite featuring private offices, open space, and bathrooms.
      34 Scotch Rd, Ewing, NJ 08628
      View Details
    • $3,500 /Mo

      Versatile Commercial Space for Rent

      Spacious commercial property with office, bay, and parking.
      331 Stokes Ave, Ewing, NJ 08638
      View Details
    • $2,495 /Mo

      Renovated Office/Medical Space Available

      Completely renovated office/medical space with modern amenities for rent.
      1072-1076 Parkway Ave, Ewing, NJ 08628
      View Details
    • $12 SF/Yr
      37,500 SF

      Ewing Warehouse with Built-Out Office

      Warehouse with 2,500 SF office space and four overhead doors.
      1445 Lower Ferry Rd, Ewing, NJ 08618
      View Details
    • $4,000 /Mo

      Ewing Office Space For Rent

      Office space available for rent in Ewing, New Jersey.
      310 4Th St, Ewing, NJ 08638
      View Details

    FAQs

    What type of property is this?
    Automotive property - Versatile corner property ideal for auto-related, fleet, or service businesses.
    Where is this automotive property located?
    The property is located at 58 Weber Ave Ewing, NJ.
    What is the lease rate?
    The lease rate is $4,600 /Mo.
    What are key features of this property?
    This property features: - Highly desirable Ewing Township location.; - Fully fenced lot with parking for up to 20 vehicles.; - Two drive-in bays with capacity for three vehicles and one car lift.
    (609) 807-8670
    Request Owner's contact information
    58 Weber Ave Ewing, NJ 08638
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    58 Weber Ave
    Ewing, NJ 08638
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    58 Weber Ave Ewing, NJ 08638
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carlene Herring
    (609) 807-8670
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!