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    880 Alexander Rd Princeton, NJ 08540

    Sponsored
    For Sale
    $3,700,000

    21,164 SF Flex Warehouse, 3 Acres

    Property size:
    21,164 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 21,164-square-foot industrial property located at 880 Alexander Road in Princeton, New Jersey, presents a compelling investment opportunity. The property, situated on a three-acre lot, is zoned ROM1 and features a single building with multiple uses, including flex, manufacturing, and warehouse space. The building boasts an impressive 18-foot ceiling height, providing ample vertical space for various operational needs. Loading capabilities are robust, including one 10'x10' tailgate, one 10'x10' drive-in, and one 12'x16' drive-in dock. The clear span design, supported by steel trusses, maximizes usable space. Ample parking is available with 20 spaces provided. The property is offered at $3,700,000, translating to $174.83 per square foot. Annual property taxes are $23,639.11. This multi-tenant property is offered as an Absolute NNN lease. The building dimensions are approximately 142 feet by 142 feet. This versatile property is ideal for a variety of businesses seeking a strategically located and well-equipped industrial space in Mercer County. Don't miss this chance to acquire a prime industrial asset in a thriving New Jersey market.

    Property Features for 880 Alexander Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    21,164 SF
    Lot Size
    130,680 SF

    Building Details

    Buildings
    1
    Units
    1

    HighLights

    • 21,164 SF industrial property on a 3‑acre lot in Princeton, NJ.
    • Zoned ROM1, offering flex, manufacturing, and warehouse space.
    • Features 18' ceilings, one 10'x10' tailgate, one 10'x10' drive‑in, and one 12'x16' drive‑in dock.
    • Clear span design with steel trusses, 20 parking spaces, and offered at $3,700,000 ($174.83/SF).
    • Annual property taxes are $23,639.11, and the property is offered as an Absolute NNN lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    TINDALLCO Contractor Tindall Ranson Plumbing ... Hvac Contractor Mark’s Trackside Auto ... Auto Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.630067
    Latitude
    40.312223

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    FAQs

    What type of property is this?
    Distribution property - 21,164 SF Flex Warehouse, 3 Acres
    Where is this distribution property located?
    The property is located at 880 Alexander Rd Princeton, NJ.
    What is the asking price?
    The asking price for this property is $3,700,000.
    What are key features of this property?
    This property features: 21,164 SF industrial property on a 3-acre lot in Princeton, NJ.; Zoned ROM1, offering flex, manufacturing, and warehouse space.; Features 18' ceilings, one 10'x10' tailgate, one 10'x10' drive-in, and one 12'x16' drive-in dock.
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    880 Alexander Rd Princeton, NJ 08540
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    Princeton, NJ 08540
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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
    880 Alexander Rd Princeton, NJ 08540
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