12 Roszel RdPrinceton, NJ 08540

Property Details for 12 Roszel Rd

Lot size

0.05 AC

Zone code

ROM2

Property type

Office properties

Property subtype

Other office properties

APN

13 00009-0000-00059- 01-C1001

APU

130000900000005901C1001

Description

This exceptional office condominium at 12 Roszel Road in Princeton, New Jersey, offers a variety of suite sizes ideal for businesses seeking flexible and efficient workspace. The building, a Class B property totaling 40,000 square feet, underwent renovations in 2017, ensuring modern amenities and a comfortable work environment. Currently, there are four available office suites: one 180 square foot space, two 150 square foot spaces, and one 200 square foot space, totaling 1,744 square feet of immediately available space. The building's ROM zoning allows for a variety of commercial uses. Built in 1987, the property is well-maintained and situated in a highly desirable Princeton location, offering easy access to major transportation routes and local amenities. The multiple tenancy structure provides a diverse and vibrant community within the building. This is an excellent opportunity for businesses of all sizes seeking a prestigious address and modern office space in the heart of Princeton, New Jersey, zip code 08540. The property is categorized as both Executive Office and Coworking space, offering versatility for various business needs. Inquire today to learn more about these exceptional office opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $333,140

  6.5%

  $307,514

  7%

  $285,548

• Comparable approach

  Method

  Valuation

  Relative Method

  $263,280

  Geo Method

  $263,280

• Alternative Use

  Use

  Valuation

  Residential

  $381,317

  Hospitality

  $349,284

  Educational

  $290,600

  Medical

  $300,594

  Retail

  $452,045

Location Insight

City

Princeton

County

Mercer

State

New Jersey

Latitude

40.3193

Longitude

-74.6405

CBSA code

45940

CBSA name

TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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