1230 Pkwy Ave Ewing, NJ 08628-3018
- Commercial real estate
- 62,208 SF
- 5.97 lot acres
Current Use by Public Records
- Meriam Khan / Family Practice Physician
- Halberd Match / Software Company
- Stoneking Physical Therapy and Wellness Center / Physical Therapist / Physical Fitness Program
- IdentoGo By Morphotrust Usa / Fingerprinting Service
- J & J Staffing Resources / Temp Agency / Employment Agency
Property Details for 1230 Pkwy Ave
- Year built
- 1988
- Construction
- METAL FRAME
- Lot size
- 5.97 lot acres
- Property size
- 62,208 SF
- Zone code
- BH
- Property type
- Commercial real estate
- APN
- 02 00364-0000-00001
- APU
- 200364000000001
Description
This exceptional three-story office building, located at 1230 Parkway Ave in Ewing Township, NJ, offers a total of 60,000 square feet of versatile space. Currently, 31,000 square feet is available for lease, with a maximum contiguous space of 31,000 square feet. The building features a variety of office subtypes, including traditional, medical, creative, and executive office spaces, making it suitable for a wide range of businesses. Built in 1990, this Class B property sits on six acres of land and boasts a 12-foot ceiling height. Ample parking is provided with 196 spaces. The building includes elevators for convenient access to all three floors. The property is zoned BH (Business Highway) in Mercer County and enjoys a highly visible location at the intersection of Parkway and Scotch Roads. The building is comprised of three suites, offering flexibility for various tenant needs. This prime location offers excellent accessibility and visibility, making it an ideal choice for businesses seeking a prominent presence in Ewing Township. Contact us today to learn more about leasing opportunities in this exceptional office building.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,095,000
- 6.5%
- $4,565,000
- 7%
- $4,375,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,920,000
- Geo Method
- $3,995,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,800,000
- Retail
- $4,240,000
- Mixed-Use
- $4,810,000
- Hospitality
- $3,745,000
- Educational
- $3,970,000
- Residential Income
- $4,010,000
- Energy
- $4,265,000
- Income-Based Land
- $4,520,000
- Food Service
- $4,520,000
Location Insight
- Map
- Local Demand
- City
- Ewing
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.8005
- Latitude
- 40.2636
- CBSA code
- 45940
- CBSA name
- TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA
