Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    941 Whitehorse Mercerville Rd Hamilton, NJ 08610

    • Office Properties & Spaces
    • 1.55 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Crestwood Professional / Medical Center
    • Nova Care Medical Supplies LLC / Medical Supply Store
    • KIN CURE MEDICAL SUPPLIES / Medical Supply Store
    • SERVPRO of Hamilton, South Trenton / Waste Management Service / Water Damage Restoration Service
    • Hart Fueling Service / Diesel Fuel Supplier

    Property Details for 941 Whitehorse Mercerville Rd

    Year built
    1980
    Lot size
    1.55 lot acres
    Property type
    Office Properties & Spaces

    Description

    This exceptional 1,150 square foot medical/professional office suite is available for lease in the well-maintained Crestwood Professional Building. Situated at the highly visible, signalized intersection of Whitehorse-Mercerville Road (County Route 533) and South Olden Avenue in Hamilton, NJ, this property offers unparalleled convenience and accessibility. The building boasts ample parking, a significant advantage for both staff and clients. Its strategic location places it in close proximity to a variety of essential amenities and services, including the Hamilton Township Police Headquarters, RWJ Hospital-Hamilton, Capital Health-Hamilton, Penn Medicine-Hamilton, a YMCA, and a diverse selection of shopping and dining options. Suite #21 offers 1,150 square feet of usable space and is available for a monthly lease rate of $2,300. This is a modified gross lease

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.6957
    Latitude
    40.204

    Comparable in this City

    • Value Estimation by Request

      445 White Horse Ave, Unit U103

      CONDOMINIUM OFFICES
      445 White Horse Ave, Hamilton, NJ 08610-1408
      View Details
    • Value Estimation by Request

      445 White Horse Ave, Unit U202

      CONDOMINIUM OFFICES
      445 White Horse Ave, Hamilton, NJ 08610-1408
      View Details
    • Value Estimation by Request
      24,000 SF

      941 Whitehorse Mercerville Rd

      Medical offices • 24,000 SF
      941 Whitehorse Mercerville Rd, Hamilton Township, NJ 08610
      View Details
    • Value Estimation by Request
      0.32 Acres

      876 Whitehorse Mercerville Rd

      Office Properties & Spaces • 0.32 Acres
      876 Whitehorse Mercerville Rd, Hamilton, NJ 08610
      View Details
    • Value Estimation by Request

      445 White Horse Ave, Unit U201

      CONDOMINIUM OFFICES
      445 White Horse Ave, Hamilton, NJ 08610-1408
      View Details
    • Value Estimation by Request

      445 White Horse Ave, Unit U200

      CONDOMINIUM OFFICES
      445 White Horse Ave, Hamilton, NJ 08610-1408
      View Details

    Similar Nearby for Sale

    • $695,000
      5,614 SF

      Hamilton Office Building - Prime Location

      High-traffic area, versatile office space, great potential.
      2000 Broad St, Hamilton, NJ 08610
      View Details
    • Contact for pricing
      1.55 Acres

      Hamilton Office Suite for Lease

      1,150 SF Office, Prime Location
      941 Whitehorse Mercerville Rd, Hamilton, NJ 08610
      View Details
    • $1,600,000
      1.15 Acres

      HAMILTON, NJ Commercial Property

      Commercial property suitable for medical, professional office, day care, or storage.
      10-16 Reeves Ave, Hamilton, NJ 08610
      View Details
    • $260,000

      Turnkey Dental Office Condo

      Private dental office condo suitable for medical or professional use.
      445 White Horse Ave, Hamilton, NJ 08610
      View Details
    • $260,000

      Dental Office Condo For Sale

      Turnkey dental office condo with equipment in Hamilton, NJ.
      445 White Horse Ave, Hamilton, NJ 08610
      View Details
    • $450,000

      Well-Maintained Garage in Prime Location

      Garage with office, lift, mounting machine, and parking.
      1650 S Broad St, Hamilton, NJ 08610
      View Details

    Similar Nearby for Lease

    • $3,000 /Mo
      50,094 SF

      Office Space for Lease

      Office property available for lease in Hamilton, New Jersey.
      16 Reeves Ave, Hamilton, NJ 08610
      View Details
    • $14 SF/Yr
      2,300 SF

      Hamilton Office/Retail Space

      2,300 SF versatile office/retail space
      1900 South Broad Street | Hamilton Township, NJ 08610, Hamilton Township, NJ 08610
      View Details
    • $2,400 /Mo

      Hamilton Square Professional Office Suite

      Medical/professional office suite for lease in well-maintained complex.
      941 Whitehorse Mercerville Rd #21, Hamilton, NJ 08610
      View Details
    • $1,650 /Mo

      Office Space For Rent

      Office space available for rent in Trenton, NJ.
      34-44 W Taylor Ave #34, Trenton, NJ 08610
      View Details
    • $2,500 /Mo

      Equipped Salon Space For Rent

      Fully equipped beauty salon available for rent in Hamilton Township.
      629 Whitehorse Mercerville Rd, Hamilton, NJ 08610
      View Details
    • $4,000 /Mo
      2,000 SF

      Retail Space Near Route 295

      Retail space with parking and easy highway access for rent.
      635 Arena Dr, Trenton, NJ 08610
      View Details
    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.
    941 Whitehorse Mercerville Rd
    Hamilton, NJ 08610
    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

    Google sign-in failed. Please try again or use another login method.