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    731 Alexander Rd Princeton, NJ 08540

    • Commercial real estate
    • 8.64 lot acres
    For Lease
    View listing
    $28 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US59-1454746
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Princeton Brain, Spine and Sports Medicine / Neurosurgeon / Orthopedic Surgeon
    • RMA New Jersey | Princeton / Reproductive Health Clinic / Fertility Clinic
    • Seth S. Joseffer, MD / Neurosurgeon
    • Meirowitz Robert F MD / Gastroenterologist
    • Princeton Gastroenterology Associates, PA / Gastroenterologist

    Property Details for 731 Alexander Rd

    Lot size
    8.64 lot acres
    Zone code
    ROM2
    Property type
    Commercial real estate
    APN
    13 00006-0000-00077
    APU
    1300006000000077

    Description

    This exceptional Princeton, NJ medical office complex at 731 Alexander Rd, 08540 offers a unique investment opportunity. The property comprises two buildings totaling 100,000 square feet, providing a range of suite sizes to accommodate various medical practices. Currently, there are 45,265 square feet of vacant space available for lease, divisible into units as small as 1,446 square feet and up to a contiguous 20,000 square feet. The complex features a total of eight individual suites, offering flexibility for both large and small medical businesses. Ample parking is provided, with a ratio of 4.2 cars per 1,000 square feet of building space. The property's prime location in Princeton, New Jersey ensures high visibility and easy access for patients and staff. This is an ideal opportunity for medical professionals seeking modern, well-maintained office space in a thriving community. The property is classified as a multi-tenant office building, specifically designed for medical use. The available space presents a chance to establish or expand a medical practice in a desirable location with convenient amenities. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.6362
    Latitude
    40.3232
    CBSA code
    45940
    CBSA name
    TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $597,600
    $0.00
    $0.00
    $20,750,000
    -
    $3,640,500
    $17,477,100
    $21,117,600

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    731 Alexander Rd
    Princeton, NJ 08540
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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
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