20 Model AveHopewell, NJ 08525

  • Other commercial real estate
  • 1.16 AC
For Sale
$1,700,000 View listing

Property Details for 20 Model Ave

Construction
FRAME
Lot size
1.16 AC
Zone code
RO
Property type
Other commercial real estate
APN
05 00011-0000-00026
APU
500011000000026

Description

This exceptional 4,800 square foot flex space at 20 Model Avenue in Hopewell, New Jersey presents a unique investment opportunity. The property, zoned RO/R75, is a single-building, two-story structure offering a versatile blend of office, showroom, and warehouse space, ideal for a variety of businesses. The building features one loading dock, ensuring efficient handling of goods. Ample off-street parking is available for employees and clients. The property boasts a substantial 400-amp, 3-phase electrical service, providing ample power for demanding operations. Located in Mercer County, this centrally located property offers easy access to major transportation routes, making it an attractive option for businesses seeking convenient access to regional markets and a strong workforce. The asking price for this exceptional property is $1,700,000. This is a single-unit building offering a rare combination of functionality and prime location, making it a highly desirable asset in the competitive Hopewell market. The property's strategic location and versatile layout make it an excellent choice for businesses seeking a modern and efficient workspace. Don't miss this chance to acquire a high-quality industrial flex space in a thriving New Jersey community. The zip code is 08525.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,537,273
    Hospitality
    $8,736,091
    Educational
    $7,268,325
    Medical
    $7,518,294
    Retail
    $11,306,283
20 Model Ave, Hopewell, New Jersey

Location Insight

City
Hopewell
County
Mercer
State
New Jersey
Latitude
40.3901
Longitude
-74.7653
CBSA code
45940
CBSA name
TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,916
$318,600
$116,400
$435,000
-
$318,600
$116,400
$435,000

FAQs

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