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    4314-20 Boardwalk Wildwood, NJ 08260

    Sponsored
    For Sale
    $8,500,000

    Prime Beachfront Investment Opportunity

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional Wildwood, NJ property presents a lucrative investment opportunity encompassing 8,400 square feet of prime boardwalk retail space, currently fully leased. The property also includes three residential units: two efficiency apartments and one two-bedroom, one-bathroom apartment. Adding to its versatility, the property boasts attached public showers and lockers, along with a garage and ample utility storage. A significant advantage is the inclusion of a separate 20,000-square-foot parking lot providing 91 parking spaces, a rare commodity in this high-demand location. The property's strategic location within 1000 feet of the Wildwood Convention Center makes it ideally suited for expansion. The existing retail spaces, combined with the residential units and extensive parking, offer immediate income potential. However, the property's true potential lies in its redevelopment possibilities. The site is exceptionally well-positioned to become a luxury hotel catering to convention attendees and beachgoers, with integrated retail space maintaining a consistent revenue stream. This unique combination of existing income and significant redevelopment potential makes this a truly exceptional investment opportunity in a vibrant coastal market. All showings are by appointment only.

    Property Features for 4314-20 Boardwalk

    General Information

    Property type
    Other commercial real estate
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Restaurant Clothing Store Building Supply Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Wildwood
    County
    Cape May County
    State
    New Jersey
    Longitude
    -74.81657
    Latitude
    38.98276

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Beachfront Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 4314-20 Boardwalk Wildwood, NJ.
    What is the asking price?
    The asking price for this property is $8,500,000.
    Request Owner's contact information
    4314-20 Boardwalk Wildwood, NJ 08260
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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
    4314-20 Boardwalk Wildwood, NJ 08260
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