130 Durand Ave Trenton, NJ 08611
- Commercial real estate
- 13,778 SF
- 0.26 lot acres
Current Use by Public Records
- Broadway Specialized Transportation Services Inc. / Mover
Property Details for 130 Durand Ave
- Year built
- 1950
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.26 lot acres
- Property size
- 13,778 SF
- Property type
- Commercial real estate
- APN
- 03 02179-0000-00043
- APU
- 302179000000043
Description
This exceptional 7,500 square foot single-tenant warehouse presents a fantastic opportunity for businesses seeking efficient and accessible industrial space. Located in a prime area zoned R-5, this property offers unparalleled convenience for contractors or small warehousing operations. The building's substantial size provides ample room for storage, operations, and potential expansion. Its strategic location ensures easy access to major transportation routes, including direct proximity to Routes 1, 29, 129, 295, and 95, facilitating seamless logistics and distribution. The property's accessibility extends to bridges leading into Pennsylvania, further enhancing its regional connectivity and appeal to businesses operating across state lines. This warehouse is perfect for companies needing quick access to major highways and bridges, streamlining transportation and delivery processes. The single-tenant occupancy ensures exclusive use and control over the entire space, eliminating shared space concerns. This property is an excellent investment for businesses prioritizing location, accessibility, and ample space. The R-5 zoning designation should be verified with the relevant authorities to ensure compliance with intended use. Serious inquiries are encouraged to explore this exceptional opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $400,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $455,000
- 6.5%
- $430,000
- 7%
- $400,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $500,000
- Retail
- $515,000
- Mixed-Use
- $415,000
- Hospitality
- $450,000
- Educational
- $505,000
- Residential Income
- $495,000
- Energy
- $530,000
- Income-Based Land
- $460,000
- Food Service
- $495,000
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.7497
- Latitude
- 40.1974
- CBSA code
- 45940
- CBSA name
- TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA
