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    Nj-33 Robbinsville Township, NJ 08691

    Sponsored
    For Sale
    $850,000

    5.17 Acres, Approved for Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.17-acre commercial land parcel in Robbinsville Township, Mercer County, New Jersey, presents a unique investment opportunity. Located conveniently near NJ-33 and with a Trenton, NJ 08691 zip code, this property boasts pre-approved plans for significant commercial development. The approved plans encompass over 28,662 square feet of retail or high-profile office space, strategically divided into two buildings. One building is designed for approximately 20,850 square feet, ideal for a variety of commercial uses. The second building, originally planned as a bank branch, comprises an additional 7,812 square feet, offering flexibility for a complementary business or expansion. The asking price is $850,000, translating to approximately $164,000 per acre. This represents a compelling value proposition given the existing approvals and strategic location. The property's prime location and pre-approved plans significantly reduce development hurdles and time, making it an attractive investment for developers seeking a quick path to profitability. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving New Jersey market, ready for immediate development. The property is situated at latitude 40.22796 and longitude -74.6011421.

    Property Features for 0 Nj-33

    General Information

    Property type
    Land
    Lot Size
    225,205 SF

    HighLights

    • $850,000 asking price.
    • 5.17‑acre commercial land parcel in Robbinsville Township, NJ.
    • Located near NJ‑33 in Trenton, Mercer County, NJ (zip code 08691).
    • Previously approved for 28,662+ square feet of retail and office space (two buildings).
    • Land value: $377,176 per acre.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Robbinsville Township
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.6011421
    Latitude
    40.22796

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    FAQs

    What type of property is this?
    Land - 5.17 Acres, Approved for Development
    Where is this land located?
    The property is located at Nj-33 Robbinsville Township, NJ.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: $850,000 asking price.; 5.17-acre commercial land parcel in Robbinsville Township, NJ.; Located near NJ-33 in Trenton, Mercer County, NJ (zip code 08691).
    (609) 206-4020
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    Nj-33 Robbinsville Township, NJ 08691
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    Robbinsville Township, NJ 08691
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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
    Nj-33 Robbinsville Township, NJ 08691
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