Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    295-335 Princeton - Hightstown Rd West Windsor Township, NJ 08550
    Back to Search
    Property profile & analytics

    295-335 Princeton - Hightstown Rd West Windsor Township, NJ 08550

    View on Map
    • Lifestyle centers
    • 94,583 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 295-335 Princeton - Hightstown Rd

    Property size
    94,583 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    Southfield Commons Shopping Center, located at 295-335 Princeton-Hightstown Road in West Windsor Township, NJ 08550, offers exceptional retail space for lease. This established shopping center boasts a total of 94,583 square feet and features five suites, providing flexibility for various business needs. Currently, 8,209 square feet are available, with spaces ranging from a minimum of 1,560 square feet to a maximum contiguous space of 6,184 square feet. The property is conveniently situated in Mercer County and offers ample parking with 750 spaces, providing a generous parking ratio of 8.39 spaces per 1,000 square feet. This prime location presents a unique opportunity for businesses seeking high visibility and convenient access for customers. The property's classification as a shopping center and its multiple tenancy structure offer a vibrant and established commercial environment. Interested parties are encouraged to inquire about the available spaces and explore the potential for establishing a thriving business within this well-positioned retail center. The property is categorized as retail and is ideal for businesses seeking a space in a bustling commercial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    West Windsor Township
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.5852
    Latitude
    40.2923

    Comparable in this City

    • Value Estimation by Request
      9,000 SF

      47 Princeton Hightstown Rd

      Restaurants • 9,000 SF
      47 Princeton Hightstown Rd, West Windsor Township, NJ 08550
      View Details
    • Value Estimation by Request
      10.16 Acres

      2025 Old Trenton Rd

      COMMERCIAL (GENERAL) • 10.16 Acres
      2025 Old Trenton Rd, West Windsor, NJ 08550-2412
      View Details
    • Value Estimation by Request
      1.86 Acres

      4065 Quakerbridge Rd

      COMMERCIAL (GENERAL) • 1.86 Acres
      4065 Quakerbridge Rd, West Windsor, NJ 08550-5243
      View Details
    • Value Estimation by Request
      2.10 Acres

      61 Princeton Hightstown Rd

      COMMERCIAL (GENERAL) • 2.10 Acres
      61 Princeton Hightstown Rd, West Windsor, NJ 08550-1120
      View Details
    • Value Estimation
      $595,000
      3,188 SF

      948 Alexander Rd

      COMMERCIAL (GENERAL) • 3,188 SF
      948 Alexander Rd, Princeton Junction, NJ 08550-1025
      View Details
    • Value Estimation by Request
      1.95 Acres

      59 Cranbury Rd

      COMMERCIAL (GENERAL) • 1.95 Acres
      59 Cranbury Rd, Princeton Junction, NJ 08550-1203
      View Details

    Similar Nearby for Sale

    • $4,350,000
      27,769 SF

      Princeton Jct Office Complex

      Office complex near train station and restaurants in West Windsor.
      231 Clarksville Rd, West Windsor Township, NJ 08550
      View Details
    • Contact for pricing

      5.02 Acres Zoned ROM-4

      5.02 acres of land ideal for office campuses.
      834 Village Rd W, West Windsor Township, NJ 08550
      View Details
    • Contact for pricing
      53,000 SF

      53,000 SF HQ Opportunity

      53,000 SF property on 5.1 acres in West Windsor.
      195 Clarksville Rd, West Windsor Township, NJ 08550
      View Details
    • Contact for pricing
      27,773 SF

      Princeton Junction Office/Medical Complex

      27,773 SF office/medical complex near Princeton Junction Train Station.
      231 Clarksville Rd, West Windsor Township, NJ 08550
      View Details
    • $650,000

      West Windsor Land For Sale

      5.02 acres of wooded land suitable for various uses.
      834 W Village Rd W, West Windsor, NJ 08550
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,745 SF

      Retail Space in West Windsor

      Retail space available in West Windsor, anchored by McCaffrey’s.
      295-335 Princeton Hightstown Rd, West Windsor Township, NJ 08550
      View Details
    • Contact for pricing
      3,710 SF

      Free Standing Former Bank Branch

      Former bank branch with drive-thru lanes and ample parking.
      354 Princeton Hightstown Rd, West Windsor Township, NJ 08550
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in West Windsor, NJ.
      295-335 Princeton - Hightstown Rd, West Windsor, NJ 08550
      View Details
    • Contact for pricing

      Office/Medical Space Near Train

      Office/medical suites available near Princeton Junction Train Station.
      231 Clarksville Rd, West Windsor Township, NJ 08550
      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.
    295-335 Princeton - Hightstown Rd
    West Windsor Township, NJ 08550
    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
    295-335 Princeton - Hightstown Rd, West Windsor Township, NJ, 08550
    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!