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    1320 Pkwy Ave Ewing Township, NJ 08628

    Sponsored
    For Lease
    Contact for pricing

    8,340 SF Free-Standing Building, Excellent Location

    Lot size:
    8,340 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,340-square-foot free-standing building presents a unique investment opportunity in Ewing Township, New Jersey. Located at 1320 Parkway Ave, near Scotch Road, this single-story, Class B property offers versatile space ideal for traditional office use or a daycare center, as indicated by its zoning as "Town Center". Built in 1977 and extensively renovated in 2020, the building boasts a modern feel despite its established history. The property features no elevators, reflecting its single-story design. Its prime location offers significant advantages. The building is situated adjacent to the Suburban Square Shopping Center, a fully occupied center with a diverse and successful tenant mix. Furthermore, its proximity to new residential developments promises a growing customer base and increased demand for the available space. The property's APN is 02-00365-0000-00012. This is a rare opportunity to acquire a well-maintained, adaptable property in a thriving area of Ewing Township, offering significant potential for a variety of businesses. The building's recent renovations ensure modern functionality and appeal, making it an attractive option for both office and daycare operators. The strategic location, coupled with the surrounding development, makes this a compelling investment prospect.

    Property Features for 1320 Pkwy Ave

    General Information

    Property type
    Day care centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,340 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1977/2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Space 1
    Size
    8,340 SF

    HighLights

    • Prime location adjacent to Ewing Town Center, with 1,100 new residential units rapidly leasing up.
    • 1‑bedroom apartments command rents from $2,300 to $2,900 (currently no 1‑bedroom units available).
    • Marketing materials for the project are attached.
    • Adjacent Suburban Square Shopping Center features a new 23,000 SF Capital Health facility, including a 10,000 SF training center for over 100 daily employees.
    • An additional 75‑100 employees will staff the primary care section of the Capital Health facility.
    • Suburban Square boasts 100% occupancy with a diverse mix of national and local tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    CVS Drug Store LibertyX Bitcoin ATM Atm Coinhub Bitcoin ATM ... Atm CVS Photo Passport Photo Processor CVS Pharmacy - Cardtronics ... Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ewing Township
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.804270690687
    Latitude
    40.264857783798

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    FAQs

    What type of property is this?
    Day care center - 8,340 SF Free-Standing Building, Excellent Location
    Where is this day care center located?
    The property is located at 1320 Pkwy Ave Ewing Township, NJ.
    What are key features of this property?
    This property features: Prime location adjacent to Ewing Town Center, with 1,100 new residential units rapidly leasing up.; 1-bedroom apartments command rents from $2,300 to $2,900 (currently no 1-bedroom units available).; Marketing materials for the project are attached.
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    1320 Pkwy Ave Ewing Township, NJ 08628
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    Realmo Value Estimation

    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.

    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.

    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
    1320 Pkwy Ave Ewing Township, NJ 08628
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