Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Lower Level Office Space Available Title is generated by Realmo AI

    684 Whitehead Rd, Lawrence Township, NJ 08648

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    4,000 SF office space with private offices and conference rooms.

    Type:Office
    Property size:
    4,000 SF
    Added:
    Jan 4, 2023
    Days on Market:
    1247
    Last Refresh:
    May 12 at 8:43 pm

    Property Features for 684 Whitehead Rd

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Property subtype
    Office

    Spaces For Lease

    at 684 Whitehead Rd Contact us

    Lower Level $12/Mo

    Size
    5,000 SF
    Type
    Office
    5,000 SF on Lower Level, includes 4 Private Offices and 2 Conference Roomsnin 10,000...
    show more
    Contact us

    2nd Floor $12/Mo

    Size
    5,000 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Jerry Fennelly

    Listing agent Jerry Fennelly License #NJ 8131550

    Listing office Fennelly Associates, Inc

    Listing date Jan 4, 2023

    Source Crexi

    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

    HighLights

    • Easy access to Trenton, Philadelphia, New York and Princeton
    • 4,000 SF on Lower Level, includes 4 Private Offices and 2 Conference Rooms
    • Brand new HVAC system
    • Five minutes to Hamilton Train Station
    • Parking: 35 spaces
    • Restaurants in close proximity

    Overview

    This property offers 4,000 square feet of office space on the lower level of a 9,800 square foot, two-story office building. The layout includes four private offices and two conference rooms. The property provides 35 parking spaces. Utilities include electric, gas, water, sewer, and cable (Verizon and Comcast). A new HVAC system has been installed. The location offers proximity to restaurants and is situated on Business Route 1, providing convenient access to Trenton, Philadelphia, New York, and Princeton. Hamilton Train Station is five minutes away.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence Township
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.732592
    Latitude
    40.252117

    Nearby Similar for Lease

    • $12 SF/Yr

      Restaurant Space with Enclosed Patio

      Restaurant space with enclosed patio and ample parking available for lease.
      1906 PRINCETON AVE, LAWRENCE TOWNSHIP, NJ 08648
      View Details
    • Sponsored
      Contact for pricing

      NJ, Lawrence - US Highway 1

      2564 Lawrense, Lawrence Township, NJ 08648
      View Details
    • $5,000/Mo
      2,450 SF

      Standalone Professional Building in Lawrenceville

      Renovated 2,450 SF building with private parking for lease.
      172 Franklin Corner Rd, LAWRENCE TOWNSHIP, NJ 08648
      View Details
    • $2,775/Mo

      Versatile Commercial Space with Loft

      Two-story commercial space with private offices and open loft.
      209 Lawrence Rd, Lawrence Township, NJ, 08648-4311
      View Details
    • Contact for pricing
      6,000 SF

      Renovated Retail Space Available

      Sublease opportunity with high traffic count near Route 1/I-295.
      2495 US Highway 1, Lawrence Township, NJ 08648
      View Details
    • Contact for pricing
      11,250 SF

      Industrial Building Near I-295 Interchange

      11,250 SF industrial building with convenient highway access.
      Lawrence Township, NJ 08648
      View Details
    • Contact for pricing
      1,900 SF

      Former Bank Building with Drive-Thru

      Former bank building with drive-thru in a high-density area.
      669 Whitehead Rd, Lawrence Township, NJ
      View Details
    • Contact for pricing
      77,000 SF

      77,000 SF Warehouse For Lease

      77,000 SF divisible warehouse with excellent highway access.
      Lawrenceville, NJ 08648
      View Details
    • Contact for pricing
      32,000 SF

      Lawrenceville Flex Warehouse For Lease

      32,000 SF flex warehouse space available for lease.
      Lawrenceville, NJ 08691
      View Details
    • Contact for pricing
      77,000 SF

      Divisible Warehouse Space Available

      77,000 SF warehouse space for rent with excellent access.
      2720 US Highway 1, Lawrence Township, NJ
      View Details
    • Contact for pricing
      1,550 SF

      Restaurant Space Near Costco

      Second generation restaurant space located near Route 1.
      4110 Quakerbridge Rd, Lawrence Township, NJ
      View Details
    • Contact for pricing
      3,800 SF

      Lawrence Township Warehouse/Flex Space Available

      3,800 SF warehouse/flex space with immediate availability.
      9 Princess Rd, Lawrence Township, NJ
      View Details

    FAQs

    What type of property is this?
    Office units - 4,000 SF office space with private offices and conference rooms.
    Where is this office units located?
    The property is located at 684 Whitehead Rd Lawrence Township, NJ.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Easy access to Trenton, Philadelphia, New York and Princeton; 4,000 SF on Lower Level, includes 4 Private Offices and 2 Conference Rooms; Brand new HVAC system
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jerry Fennelly
    Real Estate License ID: NJ 8131550
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    684 Whitehead Rd, Lawrence Township, NJ 08648
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!