Approved Self-Storage Development
For Sale
$1,590,000
5 Court House South Dennis Road, Cape May Court House, NJ 08210
Approved two-story self-storage development site in a bustling tourist area.
Property Size55,788 SF
Price / SF$28.50
Days on Market184
Property Features for 5 Court House South Dennis Road
General Information
Standard status
Active
Size
55,788 SF
Property subtype
Industrial
Listing Agency:
National Storage Partners
(914) 489-7909
Listed By:
Hans Hardisty
Source:
Nationalstoragepartners
Added: Jan 27
Changed: Jul 10
Last Checked: Jul 30 at 3:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of National Storage Partners
Investment Insights
Based on property information with market context.
This approved two-story self-storage development opportunity is located in Cape May, New Jersey, a charming seaside community known for its Victorian architecture, vibrant tourism industry, and picturesque beaches. The area's strong appeal as a vacation destination creates a high demand for commercial properties. The subject property, planned as a condo within a large retail property, is designed as a 55,700 square-foot building, netting 43,700 rentable square feet. The competition in the area has extremely high occupancies and high market rates. The high influx of tourism for the areas, beaches, restaurants, and activities under-represent the demographics and the storage demand. Cape May has a year-round population of around 3,500, primarily made up of families, retirees, and seasonal residents, which swells to over 40,000 during the summer. Tourism is the backbone of Cape May's economy, with a focus on hospitality, retail, and recreation. The property is located in a major retailer area with low market vacancies.
Key Highlights
- Approved development site for a two‑story self‑storage facility in Cape May, NJ.
- High demand for storage due to the bustling tourist area.
- Strong market rents and low market vacancies in the area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 08210, NJ
17,635
Population
8,374
Households
2.1
Avg Household Size
47
Median Age
33%
College-Educated
93%
High-School Grad
68.5 sq mi
ZIP Area
257
Density / Sq Mi
$93,855
Median Household Income
$48,086
Median Earnings
$1,538
Median Rent
$337,700
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Approved two-story self-storage development site in a bustling tourist area.
Where is this self storage facility located?
The property is located at 5 Court House South Dennis Road Cape May Court House, NJ.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Approved development site for a two‑story self‑storage facility in Cape May, NJ.; High demand for storage due to the bustling tourist area.; Strong market rents and low market vacancies in the area.
