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    2905 Dune Dr Avalon, NJ 08202

    Sponsored
    For Lease
    $8,900 /Mo

    Retail - Avalon, NJ

    Type:Retail
    Days on Market:
    11
    Last Refresh:
    Mar 1 at 9:06 pm

    Property Features for 2905 Dune Dr

    General Information

    Property type
    Residential Lease
    Property subtype
    Retail
    Standard status
    Active
    Security features
    Fire Alarm, Fire Sprinkler System
    Interior features
    Display Window, Fire Sprinkler System, Handicap Features, Restroom, Smoke/Fire Alarm
    Accessibility
    Accessible Approach with Ramp

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2023
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Randy Leiser

    Long & Foster Real Estate (888) 536-0216

    Listing agent Randy Leiser (888) 536-0216

    Listing date Feb 19, 2026

    MLS# 260401 Listing URL

    Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Prime Avalon Commercial Location

    This commercial space in Avalon, New Jersey, offers a high-visibility location with easy access and foot traffic. The property, constructed two years ago, is currently fitted out for an interior design business. The layout includes five semi-private workspaces and a sixth fully enclosed office space, each featuring a desk area. There are four large open collaboration areas suitable for client meetings and a private, enclosed collaboration space for quiet discussions. Shelving and racks are available for holding materials and sample books, with overhead lighting for viewing and comparison. The space benefits from natural light due to glass on two sides, overlooking Dune Drive and the entrance to Avalon. Additional features include a kitchen/snack area, restroom, and storage. The property is located at 2905 Dune Drive, Avalon, NJ 08202 and is available for immediate occupancy. The location provides superb exposure for a business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Real Estate Agency Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Avalon
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.7225896
    Latitude
    39.0958536

    FAQs

    What type of property is this?
    Retail space - High-visibility retail/office space in Avalon, move-in ready!
    Where is this retail space located?
    The property is located at 2905 Dune Dr Avalon, NJ.
    What is the lease rate?
    The lease rate is $8,900 /Mo.
    What are key features of this property?
    This property features: - Prime Avalon commercial location at 29th & Dune with high visibility and foot traffic.; - Built in 2023, only two years old.; - Move-in ready, beautifully appointed interior currently fitted for an interior design business.
    (888) 536-0216
    Request Owner's contact information
    2905 Dune Dr Avalon, NJ 08202
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    Avalon, NJ 08202
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2905 Dune Dr Avalon, NJ 08202
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    We can help!
    Listing Contact
    Randy Leiser
    (888) 536-0216
    Learn more
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