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Property profile & analytics
FOR SALE
Industrial properties

988 Spruce St Trenton, NJ 08648

2,500 SF 0.29 ac lot Built 1947
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US59-1070670
Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1947
Total area 2,500 SF
Lot 0.29 ac (12,508 SF)
Zoning code HC
APN 07 00201-0000-00041
UPID US59-1070670
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
NOT AVAILABLE FROM DATA SOURCE · 6 yrs held
NOT AVAILABLE FROM DATA SOURCE
since 2020
Last sale
$75,000
1 recorded transaction
2020
$75,000
Zoning & alternative use
HC · Lawrence Township, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Highway Commercial
General category COMMERCIAL
Zone area 606.93 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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