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    4501 Pacific Unit Wildwood, NJ 08260

    For Sale
    $180,000

    Beachfront Location, High Traffic Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 180,000 USD commercial condo is ideally situated on Pacific Avenue in Wildwood, New Jersey, a bustling business district. Boasting a bright and spacious interior, the unit features expansive front display windows and two glass front doors, ensuring excellent visibility and accessibility for customers. Its prime location places it just two blocks from the Wildwood Convention Center, the boardwalk, and the beach, offering unparalleled exposure to tourists and locals alike. The property benefits from its proximity to established businesses, including Uncle Lou's Pancake House (two doors away) and Duffinetti's Italian Restaurant (across the street), creating a vibrant and attractive commercial environment. This versatile space is suitable for a variety of uses, including a construction office, professional office, retail store, or even a cooperative. The recent paving and improvement of Pacific Avenue further enhance the property's appeal and accessibility. The condo's monthly fees are 263.00 USD, with an additional 26.00 USD for trash cleanup from May through September. This presents a compelling opportunity to own rather than rent, potentially resulting in lower monthly payments than leasing comparable space. Prospective buyers are strongly encouraged to conduct thorough due diligence, including contacting the local township to verify zoning compliance and suitability for their intended use. The sale is subject to third-party approval.

    Property Features for 4501 Pacific Unit

    General Information

    Property type
    Retail properties
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Wildwood
    County
    Cape May County
    State
    New Jersey
    Longitude
    -74.82044
    Latitude
    38.98441

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    FAQs

    What type of property is this?
    Retail property - Beachfront Location, High Traffic Area
    Where is this retail property located?
    The property is located at 4501 Pacific Unit Wildwood, NJ.
    What is the asking price?
    The asking price for this property is $180,000.
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    Realmo Value Estimation

    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.

    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.

    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
    4501 Pacific Unit Wildwood, NJ 08260
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