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Property profile & analytics
OFF-MARKET Estimated value $8,355,000
Commercial real estate

88 Princeton Hightstown Rd West Windsor, NJ 08550-1100

3 ac lot Built 1999
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US59-1811885
Property summary
AI-generated overview

This exceptional two-story, 25,364 square foot Class B office building, constructed in 1999, presents a prime investment opportunity in Mercer County. The property boasts an attractive red brick exterior and is situated on three acres of land, offering ample parking with a 5:1000 ratio. The building features one elevator and is conveniently located near the Princeton Junction Train Station and US Highway 1, providing easy access for commuters. Multiple tenancy options are available, with spaces ranging from a minimum of 2,197 square feet to a maximum contiguous space of 2,535 square feet. Currently, 4,732 square feet are vacant, offering flexibility for various business needs. The building is strategically positioned approximately three miles from the University Medical Center of Princeton at Plainsboro, benefiting from a highly affluent demographic with an average household income exceeding $176,710 within a three-mile radius. Established medical tenants include Davita, Inc., Lifestance, Princeton Physicians Group, and Princeton Hypertension-Nephrology Associates, creating a strong and reputable tenant mix. The building's location near major transportation arteries and a highly desirable demographic profile makes this a compelling opportunity for businesses seeking a well-established and convenient location. The property offers a blend of medical and traditional office space, catering to a diverse range of potential tenants. The building's size and layout provide flexibility for various business configurations. The cross street is Alexander Road.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1999
Lot 3 ac (130,680 SF)
Zoning code EH
APN 13 00011- 03-00031- 01
UPID US59-1811885
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.78M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.36M
Owner & transaction history
Glen Princeton Park LLC · 4 yrs held
Glen Princeton Park LLC
since 2022
Last sale
$8.1M
3 recorded transactions
2022
$8.1M
2013
$4.5M
1969
Price N/A
Zoning & alternative use
EH · West Windsor, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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