2 Carnegie Rd Lawrence Township, NJ 08648-3302
This exceptional executive office property, located at 2 Carnegie Rd in Trenton, NJ, offers 6,200 square feet of space on a substantial 2.8-acre lot (1.34 acres in Lot #1 and 1.46 acres in Lot #2 of Block #1203). The property boasts a highly desirable location between Routes 1 and 295 in Lawrence Township, Mercer County, offering excellent visibility and accessibility. Zoned HC (Highway Commercial), this property allows for a wide range of commercial uses. Ample parking is available, accommodating 60-80 vehicles. The asking price is $1,695,000. The property features large signage opportunities, enhancing its marketing potential. The 2024 real estate taxes are estimated at $32,000. This presents a unique opportunity for businesses seeking a prominent and well-situated office space in a thriving commercial area. The property's size and zoning provide significant flexibility for future development or expansion. The convenient location and ample parking make this an attractive option for employees and clients alike. This is a rare opportunity to acquire a substantial commercial property in a high-traffic area. The zip code is 08648.
A. Purpose. The Highway Commercial (HC) district is intended to serve both the residents of the municipality and the general public with uses typically ori ented towards motorized travel. The HC district is the primary retail zone for localized sales and services that are not regionally based. It differs from the NC-1 and NC-2 districts by including automobi…
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
HC · Lawrence Township, NJA. Purpose. The Highway Commercial (HC) district is intended to serve both the residents of the municipality and the general public with uses typically ori ented towards motorized travel. The HC district is the primary retail zone for localized sales and services that are not regionally based. It differs from the NC-1 and NC-2 districts by including automobile business uses and excluding residential uses, with the exceptio n of certain senior citizen housing. The Highway Commercial district is also intended to support the retail uses in the Regional Commercial district. B. Permitted Uses. In the HC district, no lot shall be used and n o structure shall be erected, altered or occupied for any purpose except the following: 1. Automobile sales through franchised new car dealers. 2. Automobile accessories and car washes. 3. Banks, including drive-in facilities. 4. Bars and taverns. 5. Convenience stores. 6. Department and discount stores. 7. Governmental uses. 8. Indoor recreational facilities. 9. Membership club bulk retail outlets. 10. Offices. 11. Retail sales of goods and services. 12. Restaurants, including fast food restaurants. 13. Shopping centers. 14. Theaters and entertainment. C. Accessory Uses Permitted. Any of the following accessory uses may be permitted when used in conjunction with a principal use: 1. Canopy for motor fuel equipment protection or passenger drop off. 2. Fences and walls. 3. Garages, storage buildings and tool sheds. 4. Off-street and structured parking. 5. Outdoor display of new and used motor vehicles only in associat ion with a franchised new car dealer. 6. Outdoor seating associated with a restaurant, complying with th e following standards: Land Use Ordinance Lawrence Township, Mercer County §420 136 a. Seating shall comply with the handicapped accessibility require ments of N.J.A.C. 5:23-7. b. No seating shall be located within 5 feet of any public or priv ate parking and shall be adequately protected from vehicular traffic. c. No glare from lighting for outdoor seating shall be created. d. No impediment to the free flow of pedestrian or vehicular traff ic shall be created by the outdoor seating. e. Off-street parking for outdoor seating shall be provided in accordance with
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
