5 Court House South Dennis Rd Cape May Court House, NJ 08210
Approved two-story self-storage development site in a bustling tourist area.
Property size:
55,788 SFProperty Features for 5 Court House South Dennis Rd
General Information
- Size
- 55,788 SF
Source:
Nationalstoragepartners
Listing Agent: Hans Hardisty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Approved Self-Storage Development Opportunity
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.
Location Intelligence
Current Use by Public Records
tacoshop
Taco Restaurant
Verizon Business Services
Internet Service Provider
Popeyes lousiana kitchen
Chicken Restaurant
Verizon
Cell Phone Store
Starbucks
Coffee Shop
Location Insight
- Map
- Local Demand
- City
- Cape May Court House
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.82015
- Latitude
- 39.089082
Nearby Similar for Sale
FAQs
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 Rd 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.