332 Princeton Hightstown RdWest Windsor Township, NJ 08550

  • Office properties
  • 0.90 AC
For Sale

Property Details for 332 Princeton Hightstown Rd

Lot size
0.90 AC
Zone code
P-1
Property type
Office properties
Property subtype
Office buildings
APN
13 00047-0000-00002
APU
1300047000000002

Description

This exceptional 10,000 square foot pad site presents a remarkable opportunity for retail development in the thriving West Windsor Township, Mercer County, New Jersey. Located at 332 Princeton Hightstown Road, zip code 08550, this single-tenant property boasts a highly visible location along a major thoroughfare. The site is ideally suited for a variety of retail uses, including quick-service restaurants (QSR), pharmacies, and other food-related businesses. Its strategic placement offers unparalleled access to a dense population base and significant consumer traffic. The property's adjacency to an approved QuickChek and its proximity to McCaffrey's Food Market further enhances its appeal and potential for success. This prime location provides excellent visibility and accessibility, making it an attractive investment for businesses seeking a strong foothold in a vibrant market. The entire 10,000 square feet is currently vacant, providing a blank canvas for a new development or expansion. This presents a unique opportunity to establish a prominent presence in a high-traffic area with established commercial anchors. The property is available for both sale and lease, offering flexibility to suit various business needs and investment strategies. Serious inquiries are encouraged to explore this exceptional retail opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,511,021
    6.5%
    $6,010,173
    7%
    $5,580,875
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,145,652
    Geo Method
    $5,145,652
  • Alternative Use

    Use
    Valuation
    Residential
    $7,452,614
    Hospitality
    $6,826,555
    Educational
    $5,679,614
    Medical
    $5,874,944
    Retail
    $8,834,955
332 Princeton Hightstown Rd, West Windsor Township, New Jersey

Location Insight

City
West Windsor
County
Mercer
State
New Jersey
Latitude
40.2907
Longitude
-74.584
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
$3,992
$112,500
$26,100
$138,600
-
$112,500
$26,100
$138,600

FAQs

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