Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    45 Parker Ave Trenton, NJ 08609

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    45 Parker Ave Trenton, NJ 08609

    View on Map
    • Distribution centers
    • 8,000 SF
    Off-Market
    Property ID
    US59-0738243
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Distribution centers

    Property Details for 45 Parker Ave

    Property size
    8,000 SF
    Property type
    Distribution centers
    Property subtype
    Manufacturing properties

    Description

    This exceptional 8,000-square-foot industrial property, located at 45 Parker Avenue in Trenton, New Jersey (zip code 08609), presents a compelling investment opportunity. Priced at $2,000,000 ($250 per square foot), this manufacturing and warehouse space boasts a range of desirable features. The building features 16-foot ceilings and a cross-dock design for efficient material handling. Four drive-in bays provide convenient access for loading and unloading. The property includes approximately 10,000 square feet of adjacent parking, ensuring ample space for vehicles and equipment. The building is equipped with heavy power (440a/220v 3p 4w), catering to the needs of various industrial operations. Its strategic location offers easy access to major transportation arteries, being less than two miles from US Route 1 and 4.8 miles from I-295, facilitating seamless logistics and distribution. Furthermore, the property benefits from its location within an Urban Enterprise Zone (UEZ).

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7397526
    Latitude
    40.2284766

    Comparable in this City

    • Contact for pricing

      Trenton Historic District Investment Opportunity

      Versatile property in Trenton's historic district with redevelopment potential.
      132-134 Pearl St, Trenton, NJ 08609
      View Details
    • $2,400,000

      Ten Row Homes Portfolio

      Ten fee-simple row homes sold as a package.
      12 Adella Ave, Hamilton, NJ 08609
      View Details
    • $1,000,000

      Corner Retail Site For Sale

      Excellent corner retail site available for purchase.
      1679 E State St, Hamilton, NJ 08609
      View Details
    • $1,200,000

      Mixed-Use Property with Updated Systems

      Mixed-use property with meat market and apartment in Hamilton, NJ.
      527 Klockner Rd, Hamilton, NJ 08609
      View Details
    • $385,000
      0.28 Acres

      Hamilton Office Building - Prime Location

      Spacious Office, Updated, Ample Parking
      1421 Nottingham Way, Hamilton, NJ 08609
      View Details
    • $420,000

      Victorian-Colonial Revival Opportunity Awaits

      Historic 4,700 SF property with restoration potential.
      21 N Clinton Ave, Trenton, NJ 08609
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Trenton Historic District Investment Opportunity

      Versatile property in Trenton's historic district with redevelopment potential.
      132-134 Pearl St, Trenton, NJ 08609
      View Details
    • $2,400,000

      Ten Row Homes Portfolio

      Ten fee-simple row homes sold as a package.
      12 Adella Ave, Hamilton, NJ 08609
      View Details
    • $1,000,000

      Corner Retail Site For Sale

      Excellent corner retail site available for purchase.
      1679 E State St, Hamilton, NJ 08609
      View Details
    • $1,200,000

      Mixed-Use Property with Updated Systems

      Mixed-use property with meat market and apartment in Hamilton, NJ.
      527 Klockner Rd, Hamilton, NJ 08609
      View Details
    • $385,000
      0.28 Acres

      Hamilton Office Building - Prime Location

      Spacious Office, Updated, Ample Parking
      1421 Nottingham Way, Hamilton, NJ 08609
      View Details
    • $420,000

      Victorian-Colonial Revival Opportunity Awaits

      Historic 4,700 SF property with restoration potential.
      21 N Clinton Ave, Trenton, NJ 08609
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Loft Building For Lease

      23,000 SF commercial loft building suitable for various uses.
      636 E State St, Trenton, NJ 08609
      View Details
    • $118,570

      Versatile Commercial Property in Trenton

      11,857 SF mixed-use property for lease in Trenton, NJ.
      2 Pearl St, Trenton, NJ 08609
      View Details
    • Contact for pricing

      Chambersburg Storefront in New Building

      Highly visible 930 SF commercial storefront in Chambersburg neighborhood.
      200 Hamilton Ave, Trenton, NJ 08609
      View Details
    • $5,000 /Mo

      Renovated Space Ideal for Daycare

      2500 sq ft renovated space, previously a daycare/church.
      1300 Greenwood Ave, Trenton, NJ 08609
      View Details
    • Contact for pricing
      115,000 SF

      Trenton Office Space Available

      Office space for rent in Trenton, New Jersey.
      1400 E State St, Trenton, NJ 08609
      View Details
    • $1,950 /Mo

      Visible Retail Space Near Arena

      930 SF retail space in high-traffic, convenient location.
      200 Hamilton Ave, Trenton, NJ 08609
      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.
    45 Parker Ave
    Trenton, NJ 08609
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!