Technical
Financial
Distress signals
Property profile

66 Prince St Trenton, NJ 08638

FOR LEASE
Industrial properties
Property ID
US59-1426796
114,088 SF 1.43 ac lot Built 1900
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 82,000-square-foot industrial property, located at 66-72 Prince Street in Trenton, New Jersey, presents a significant opportunity for businesses seeking warehouse or manufacturing space. The building, a three-story brick structure, boasts 16-foot ceilings, concrete floors, and heavy electrical service. Convenient access is provided by three drive-in doors and two loading docks, complemented by a freight elevator. Restrooms are situated on each floor for employee convenience. The property sits on a 1.43-acre lot and includes a fenced parking area with 16 spaces. The building is zoned Industrial B and benefits from its location within Trenton's Urban Enterprise Zone, offering potential incentives for relocating companies. The property features 800-amp power and enjoys easy access to major transportation arteries, including Routes 1, I-95, and I-295. Previously used for warehouse and drug manufacturing, and FDA-approved storage, this versatile space is ready for immediate occupancy. The entire 82,000 square feet is currently available for lease. This is a rare opportunity to secure a substantial, well-equipped industrial space in a strategic location.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1900
Construction CONCRETE BLOCKS
Total area 114,088 SF
Lot 1.43 ac (62,291 SF)
APN 11 21704-0000-00001
UPID US59-1426796

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

66 Prince St Trenton, NJ 08638
Trenton metro Census 1900 TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.27M
Blend (final) Blend
$960k

Owner & transaction history

since 2018
7 recorded transactions
2019
Price N/A
2018
$1.2M
2005
$1.8M
1988
$345,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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