731 Alexander RdPrinceton, NJ 08540

  • Other commercial real estate
  • 8.64 AC
For Lease
$28.50/SF/YR View listing

Property Details for 731 Alexander Rd

Lot size
8.64 AC
Zone code
ROM2
Property type
Other commercial real estate
APN
13 00006-0000-00077
APU
1300006000000077

Description

This exceptional Princeton, NJ medical office complex at 731 Alexander Rd, 08540 offers a unique investment opportunity. The property comprises two buildings totaling 100,000 square feet, providing a range of suite sizes to accommodate various medical practices. Currently, there are 45,265 square feet of vacant space available for lease, divisible into units as small as 1,446 square feet and up to a contiguous 20,000 square feet. The complex features a total of eight individual suites, offering flexibility for both large and small medical businesses. Ample parking is provided, with a ratio of 4.2 cars per 1,000 square feet of building space. The property's prime location in Princeton, New Jersey ensures high visibility and easy access for patients and staff. This is an ideal opportunity for medical professionals seeking modern, well-maintained office space in a thriving community. The property is classified as a multi-tenant office building, specifically designed for medical use. The available space presents a chance to establish or expand a medical practice in a desirable location with convenient amenities. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $71,221,656
    Hospitality
    $65,238,652
    Educational
    $54,277,792
    Medical
    $56,144,488
    Retail
    $84,432,120
731 Alexander Rd, Princeton, New Jersey

Location Insight

City
Princeton
County
Mercer
State
New Jersey
Latitude
40.3232
Longitude
-74.6362
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
$597,600
-
-
$20,750,000
-
$3,640,500
$17,477,100
$21,117,600

FAQs

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