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Corner Property in Hamilton For Sale
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2596 Kuser Rd, Trenton, NJ 08691

Corner property with 1,356 SF, variance needed for office.

Property Size1,356 SF
Price / SF$291.30
Days on Market1102

Property Features for 2596 Kuser Rd

General Information

Standard status Active
Size 1,356 SF
Property subtype Office
Zoning Residential
Listing Agency: Bonanni Realtors
Listed By: Jamie Walter · License #NJ 9909570
Source: Crexi
Added: Oct 17, 2023 Changed: Oct 5 Last Checked: Oct 20 at 8:46PM

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 Bonanni Realtors

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located at the corner of Klockner and Kuser Road in Hamilton, this property offers 1,356 square feet of space. The zoning is currently residential, so a variance will be needed to convert the property for office use. The owner is motivated to sell.

Key Highlights

  • Price Reduced!
  • Corner lot location** at Klockner and Kuser Road.
  • Sizeable space at 1,356 SF.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,165
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,300 $243.3K
Cap Rate 7%
$173,786 $173.8K
Cap Rate 9%
$135,167 $135.2K
Market Conditions
NOI Build-Up for 1,356 SF
Gross rent
$18.2K $13.44/SF
− Vacancy
−$2.0K −$1.48/SF
EGI
$16.2K $11.96/SF
− OpEx
−$4.1K −$2.99/SF
NOI
$12.2K $8.97/SF
Area
Mercer County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,300
Cap Rate 7%
$173,786
Cap Rate 9%
$135,167

Alternative Uses

Best Use
Office B
$173.8K
$152.1K – $202.8K (±1% cap)
NOI $12,165 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$436.3K
$381.7K – $509.0K (±1% cap)
NOI $30,539 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Spaces

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Pharmacy Auto Repair Shop Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

293
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08691, NJ

16,866
Population
7,322
Households
2.3
Avg Household Size
43
Median Age
63%
College-Educated
97%
High-School Grad
24.2 sq mi
ZIP Area
697
Density / Sq Mi
$129,900
Median Household Income
$85,331
Median Earnings
$1,845
Median Rent
$523,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office space - Corner property with 1,356 SF, variance needed for office.
Where is this office space located?
The property is located at 2596 Kuser Rd Trenton, NJ.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Price Reduced!; Corner lot location** at Klockner and Kuser Road.; Sizeable space at 1,356 SF.
(609) 731-1191 Call to check price and availability
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