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    1700 Route 47 S Rio Grande, NJ 08242

    For Lease
    Contact for pricing

    Retail spaces available near high-volume supermarket on Route 47.

    Property size:
    636 SF
    Lot size:
    5.60 Acres

    Property Features for 1700 Route 47 S

    General Information

    Size
    636 SF
    Lot size
    5.60 Acres

    Source: The Goldstein Group Agent John T. Ostrowski

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Spaces Near High-Traffic Supermarket

    Retail spaces are available, ranging in size from 570 to 750 square feet. The property benefits from high traffic volume due to its location near a Village Supermarket. Situated on Route 47, between the Garden State Parkway and Route 9, the location experiences strong year-round traffic, further augmented by a seasonal population increase of over 250,000 during tourist season. The property is shadow-anchored by the 136,822 square foot Rio Grande Plaza, which attracts approximately 5,500 visits per day and over 2 million visits annually. Traffic counts indicate 22,900 vehicles per day on Route 47 and 24,700 vehicles per day on the Garden State Parkway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rio Grande
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.869006
    Latitude
    39.01092

    Nearby Similar for Lease

    • Contact for pricing
      10,326 SF

      Rio Grande Plaza: Retail Sublease

      10,326 SF Retail Space Available
      1500 Route 47, Rio Grande, NJ 08242
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail spaces available near high-volume supermarket on Route 47.
    Where is this strip mall located?
    The property is located at 1700 Route 47 S Rio Grande, NJ.
    What are key features of this property?
    This property features: - High Traffic Location: Situated on Route 47, between the Garden State Parkway (GSP) and Route 9, with significant daily vehicle counts.; - Strong Year-Round & Seasonal Traffic: Benefits from year-round traffic plus a boost during tourist season.; - High Visibility: Located within a high-traffic Village Supermarket.
    (201) 703-9700
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    Rio Grande, NJ 08242
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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
    1700 Route 47 S Rio Grande, NJ 08242
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