101 Poor Farm RdPrinceton, NJ 08540
- Other commercial real estate
- 16,567 SF
Property Details for 101 Poor Farm Rd
- Lot size
- 5.75 AC
- Property size (Sq ft)
- 16,567 SF
- Zone code
- OR1
- Property type
- Other commercial real estate
- APN
- 14 02801-0000-00008- 01
- APU
- 140280100000000801
Description
This exceptional three-story, 18,000-square-foot office building in Princeton, New Jersey, presents a unique investment opportunity. Located at 101 Poor Farm Road, this Class B property, built in 1980 and renovated in 1997, sits on a 4.83-acre lot in the OR1 zoning district. The building offers flexible space ideal for executive, medical, or traditional office uses, with suites ranging from 1,500 to 6,000 square feet. Features include ample natural light, large conference rooms, and executive offices. The property is equipped with high-speed FIOS and XFINITY internet, secure lower-level storage, and on-site property management. Abundant on-site parking (4.5 spaces per 1,000 sq ft) caters to tenants and clients, even accommodating larger events. Its prime location offers convenient access to amenities, Princeton and Rutgers Universities, and major transportation routes to New York City and Philadelphia. The asking price is $3,600,000 ($200/sq ft). The current owner occupies half the building and may consider a leaseback option. This presents a compelling opportunity for businesses seeking a well-maintained, versatile office space in a highly desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,135,124
- Hospitality
- $2,871,757
- Educational
- $2,389,268
- Medical
- $2,471,439
- Retail
- $3,716,640
Location Insight
- City
- Princeton
- County
- Mercer
- State
- New Jersey
- Latitude
- 40.3823
- Longitude
- -74.6513
- CBSA code
- 45940
- CBSA name
- TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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