642 State St Trenton, NJ 08609
- Industrial properties
- 16,996 SF
- 1.01 lot acres
Current Use by Public Records
- Glass Artistry Architectural / Glass & Mirror Shop
- Strive to Thrive LLC / Occupational Therapist
Property Details for 642 State St
- Year built
- 1950
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.01 lot acres
- Property size
- 16,996 SF
- Property type
- Industrial properties
- APN
- 11 12701-0000-00003- 12
- APU
- 111270100000000312
Description
This exceptional industrial property, located at 642 E State St, Trenton, NJ 08609, offers a single-tenant warehouse space totaling 17,330 square feet. The building is a single-story structure constructed of cinder block, featuring a generous 16-foot ceiling height. The property boasts convenient access with one loading dock and two drive-in doors, ensuring efficient loading and unloading operations. Power is provided by a robust 3-phase 480-volt system, suitable for a variety of industrial uses. The zoning designation is Industrial A, allowing for a range of potential applications. The building is situated on Monmouth Street in Mercer County, New Jersey. This space is ideal for light assembly or general warehouse operations. The property is currently available for lease. The address is easily accessible and well-situated within the Trenton industrial area. This is a rare opportunity to secure a well-maintained, functional warehouse space in a desirable location. The building's size and features make it suitable for a variety of businesses seeking efficient and practical warehouse solutions. Interested parties should inquire for lease terms and conditions.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,275,000
- 6.5%
- $1,290,000
- 7%
- $1,455,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,280,000
- Geo Method
- $1,250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,225,000
- Retail
- $1,185,000
- Mixed-Use
- $1,430,000
- Hospitality
- $1,435,000
- Educational
- $1,415,000
- Residential Income
- $1,235,000
- Energy
- $1,265,000
- Income-Based Land
- $1,115,000
- Food Service
- $1,255,000
Location Insight
- Map
- Local Demand
- City
- Trenton
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.7507
- Latitude
- 40.2222
- CBSA code
- 45940
- CBSA name
- TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA
