Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1560 Olden Ave Ewing Township, NJ 08638
    Back to Search
    Property profile & analytics

    1560 Olden Ave, Ewing Township, NJ 08638

    View on Map
    • Retail properties & Spaces
    • 354,993 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1560 Olden Ave

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    Capitol Plaza, located at 1560 N Olden Ave in Ewing Township, NJ 08638, offers a diverse range of commercial spaces ideal for various businesses. This single-story building boasts a total of 354,993 square feet, encompassing multiple suites, with a minimum divisible space of 5,240 square feet and a maximum contiguous space of 13,336 square feet. Currently, four spaces are available. The property is classified as Retail, Restaurant, and Office, with specific subtypes including Medical Office and Traditional Office. The building features ample parking to accommodate tenants and their clients. Its strategic location at the intersection of N. Olden Ave and Rt. 206 (Lincoln Hwy/Princeton Ave) provides excellent accessibility. Ewing Township's advantageous position within the New York and Philadelphia metropolitan areas, coupled with its convenient access to multiple roadways, passenger rail, and an airport, ensures high visibility and easy commuting for employees and customers. The property is situated in the Hamilton submarket, within the Trenton submarket cluster, making it a highly desirable location for businesses seeking a prominent presence in a thriving commercial area. The building comprises 26 total suites.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ewing Township
    County
    State
    New Jersey
    Longitude
    -74.7546
    Latitude
    40.2438

    Comparable in this City

    • Value Estimation by Request
      10,529 SF

      883-891 Brunswick Ave

      Office Units
      883-891 Brunswick Ave, Trenton, NJ 08638
      View Details
    • Value Estimation by Request
      4,023 SF

      406-408 Clinton Ave

      Restaurants
      406-408 Clinton Ave, Trenton, NJ 08638
      View Details
    • Value Estimation by Request

      100 Campus Town Cir

      1,836 - 26,752 SF of Retail Space Available in Ewing, NJ 08638
      100 Campus Town Cir, Ewing, NJ 08638, Ewing, NJ 08638
      View Details
    • Value Estimation by Request
      0.34 Acres

      1739 Olden Ave

      Retail properties & Spaces
      1739 Olden Ave, Ewing, NJ 08638
      View Details
    • Value Estimation by Request
      20,000 SF

      Rte 130 & Gordon Rd

      Individual retail properties
      0 Rte 130 & Gordon Rd, Trenton, NJ 08638
      View Details
    • Value Estimation by Request
      28,600 SF

      1661 Olden Ave

      Retail properties & Spaces
      1661 Olden Ave, Ewing Township, NJ 08638
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,480 SF

      Updated Retail/Restaurant Space For Sale

      Updated retail/restaurant space with ample parking in Ewing, NJ.
      1822 N Olden Ave, Ewing, NJ 08638
      View Details
    • Contact for pricing
      4,598 SF

      Ewing Restaurant/Retail Opportunity

      4,598 SF restaurant/retail space with liquor license for sale.
      1769 N Olden Ave, Ewing, NJ 08638
      View Details
    • Contact for pricing
      51,928 SF

      Mixed-Use Property For Sale

      52,000 Sq. Ft. mixed-use property on 2.43 acres.
      1150 Southard St, Ewing Township, NJ 08638
      View Details
    • Contact for pricing

      Versatile Commercial Building in Ewing

      Commercial building in Ewing, NJ, suitable for various businesses.
      1680 Pennington Rd, Ewing, NJ 08638
      View Details
    • Contact for pricing
      Pending

      Bar, Kitchen, and Rental Units

      Operational bar with kitchen and two rental units for sale.
      533 Clinton Ave, Trenton, NJ 08638
      View Details
    • Contact for pricing

      Restaurant & Bar Building

      Commercial building with restaurant, bar, dance floor, and outdoor area.
      965 New York Ave, Trenton, NJ 08638
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Ewing Retail/Restaurant Space Available

      Updated commercial space in Ewing, NJ, suitable for various businesses.
      1822 Olden Avenue Ext, Ewing, NJ 08638
      View Details
    • $1,650 /Mo

      Versatile Street-Level Retail/Office Unit

      Adaptable street-level unit suitable for retail or office use.
      94 E Paul Ave, Trenton, NJ 08638
      View Details
    • Contact for pricing

      Commercial Space with Paved Lots

      Commercial space with office, bays, and two paved lots.
      327 Stokes Ave, Ewing, NJ 08638
      View Details
    • Contact for pricing
      2,617 SF

      Community Center Retail Opportunity

      Retail space available in a busy community center.
      1001-1560 Spruce St, Ewing Township, NJ 08638
      View Details
    • $2,500 /Mo

      Versatile Commercial Space with Fenced Lot

      First-floor commercial space with excellent visibility and a fenced lot.
      94 E 1St St, Trenton, NJ 08638
      View Details
    • Contact for pricing
      4,852 SF

      Ewing Office Space Available

      Office space available for rent in Ewing, New Jersey.
      200 Princeton South Corporate Ctr, Ewing, NJ 08638
      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.
    1560 Olden Ave
    Ewing Township, NJ 08638
    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
    1560 Olden Ave, Ewing Township, NJ, 08638
    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!