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Princeton Industrial Facility with Solar
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880 Alexander Rd, Princeton, NJ 08540

Turnkey industrial property with solar, convenient access to major routes.

Property Size21,164 SF
Lot Size3.00 Acres
Price / SF$141.75
Days on Market1112

Property Features for 880 Alexander Rd

General Information

Standard status Active
Size 21,164 SF
Class C
Lot size 3.00 Acres
Property subtype Industrial
Zoning ROM1
Lease Type Absolute Net

Building Details

Year Built 1970
Buildings 1
Units 1
Tenancy Multi
Listing Agency: Fennelly Associates, Inc
Listed By: Jerry Fennelly · License #NJ 8131550
Source: Crexi
Added: Aug 23, 2023 Changed: Aug 23 Last Checked: Sep 1 at 1:15AM

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, Inc

Investment Insights

Based on property information with market context.

This 21,164 square foot industrial property is located in the Princeton submarket. The building, situated on a 3-acre site, features two contiguous units with dimensions of 142 feet by 142 feet. It is equipped with a roof solar array consisting of 356 panels, generating approximately 90 to 100 M kWh per year. The property includes one tailgate door (10 feet by 10 feet) and two drive-in doors (one 10 feet by 10 feet, and one 12 feet by 16 feet). The building has an 18-foot clear ceiling height and steel trusses throughout, providing a clear span. There are 20 surface parking spaces available. The property is zoned ROM1, which allows for industrial, manufacturing, research and development, municipal, and ancillary uses. Located just off Route 1, the property provides access to I-295 and the New Jersey Turnpike, placing it within proximity to a labor pool and within a two-hour drive of New York and Philadelphia. Its location near Princeton University and local service providers supports workforce development and operational logistics. The property's intended use is for industrial and manufacturing purposes.

Key Highlights

  • Turnkey industrial facility with existing solar array generating ~90‑100 M kWh/year.
  • Strategic location off Route 1 with easy access to I‑295 and the NJ Turnpike. Close to major cities and labor pool.
  • Flexible ROM1 zoning allows for industrial/manufacturing, R&D, and other uses.

Property Analytics

Current Use

TINDALLCO General Contractor Tindall Ranson Plumbing ... HVAC Service Mark’s Trackside Auto ... Auto Repair Shop

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Electrical Service Building Supply Veterinary Clinic

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

783
Businesses Nearby

Demographics for 08540, NJ

48,216
Population
19,255
Households
2.5
Avg Household Size
41
Median Age
82%
College-Educated
98%
High-School Grad
51.7 sq mi
ZIP Area
933
Density / Sq Mi
$169,898
Median Household Income
$80,357
Median Earnings
$2,083
Median Rent
$723,400
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Turnkey industrial property with solar, convenient access to major routes.
Where is this industrial property located?
The property is located at 880 Alexander Rd Princeton, NJ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Turnkey industrial facility with existing solar array generating ~90‑100 M kWh/year.; Strategic location off Route 1 with easy access to I‑295 and the NJ Turnpike. Close to major cities and labor pool.; Flexible ROM1 zoning allows for industrial/manufacturing, R&D, and other uses.
More about this property
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