Technical
Financial
Distress signals
Property profile

795 Rte 109 Cape May, NJ 08204

OFF-MARKET
Gas stations
Property ID
US59-1932102
0.9 ac lot
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Exceptional opportunity to acquire a well-established, 100% occupied gas station and auto repair shop in Cape May, New Jersey. Located at 795 Route 109 Unit B, this turnkey operation includes real estate, business, and all fixtures, furniture, and equipment (FF&E). Situated on a 39,303 sq ft lot, the property boasts a prime location at the junction of Route 109, Ocean Drive, and Exit 0 of the Garden State Parkway, offering high visibility and convenient access. Built in 1993, the single-building property is zoned GB and operates as a commercial condominium (condo docs available). This high-volume business has been successfully managed for over twenty years and is now offered for sale due to the owners' retirement. Complete financial records are available to qualified buyers. The property is four miles from the nearest competitor (Super Wawa), ensuring a strong market position. This represents a rare chance to own a profitable, established business in a desirable coastal location.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Construction TYPE NOT SPECIFIED
Lot 0.9 ac (39,239 SF)
Zoning code GB
APN 05 00793-0000-00011- 02-C-B
UPID US59-1932102

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

795 Rte 109 Cape May, NJ 08204-4690
Cape May metro Census 21702 OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2016
4 recorded transactions
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

GB · Cape May, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 795 Rte 109?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message