Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    321 E Cedar Ave Wildwood, NJ 08260

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    4,200 SF retail space on 1.02 acres for sale.

    Property size:
    4,200 SF
    Lot size:
    1.02 Acres

    Property Features for 321 E Cedar Ave

    General Information

    Standard status
    Active
    Zoning
    BRZ (Boardwalk Redevelopment Zone)
    Size
    4,200 SF
    Lot size
    1.02 Acres

    Building Details

    Year built
    1950

    We can help!

    Listing Contact
    Christopher Pennington
    Source: Crexi

    Listing Agency: Binswanger Real Estate Listing Agent: Christopher Pennington

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

    Learn more

    Overview

    Prime Wildwood Retail Opportunity

    A 4,200 square foot retail space is available for sale on a 1.02-acre lot. The property is located in Wildwood, providing convenient access to the Wildwood Boardwalk, New Jersey Avenue, Rio Grand Avenue, and the New Jersey Turnpike.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Wildwood
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.8110409
    Latitude
    38.9877483

    Nearby Similar for Sale

    • $449,900
      4,288 SF

      Renovated Office Building in Wildwood

      Recently renovated two-story commercial office building with parking.
      3311 New Jersey Ave, Wildwood, NJ 08260
      View Details
    • $714,000
      692 SF

      Prime Boardwalk Retail Investment

      Retail unit with boardwalk frontage and solid investment opportunity.
      3400 Boardwalk, Wildwood, NJ 08260
      View Details
    • $2,099,000
      3,846 SF

      Boardwalk Retail Investment Opportunity

      Prime boardwalk retail space with existing leases and income.
      3400 Boardwalk, Wildwood, NJ 08260
      View Details
    • $749,999
      1,665 SF

      Prime Boardwalk Commercial Unit

      High-visibility commercial space in the heart of Wildwood, New Jersey.
      2910 Boardwalk, Wildwood, NJ 08260
      View Details
    • $749,999
      1,665 SF

      Prime Boardwalk Commercial Unit

      High-visibility commercial space in the heart of Wildwood, New Jersey.
      2910 Boardwalk, Wildwood, NJ 08260
      View Details
    • New
      $2,880,000
      7,896 SF

      Wildwood Motel Near Yacht Basin

      24-unit motel near Wildwood Yacht Basin, a bayside money maker!
      5310 Park Blvd, Wildwood, NJ 08260
      View Details
    • $175,000
      1,515 SF

      Wildwood Retail Condo For Sale

      Commercial condo near beach, boardwalk, and convention center.
      4501 Pacific Ave, Wildwood, NJ 08260
      View Details
    • $5,999,000

      Wildwood Motel, Stores, Parking Lot

      Beachfront motel, stores, and parking lot with development potential.
      4211 Ocean Ave, Wildwood, NJ 08260
      View Details
    • $1,200,000
      3,860 SF

      Wildwood Hotel Investment Opportunity

      Renovated 14-room hotel near beach with high income potential.
      120 E Schellenger Ave, Wildwood, NJ 08260
      View Details
    • $825,000
      1,926 SF

      Updated Multi-Unit Property Near Beach

      Multi-unit property with cottage studio near Wildwood Boardwalk.
      214 E Juniper Ave, Wildwood, NJ 08260
      View Details
    • $1,400,000

      Income-Producing Mixed-Use Corner Property

      High-traffic Wildwood corner property with restaurant, duplex, and parking.
      2701-2703 New Jersey Ave, Wildwood, NJ 08260
      View Details
    • $567,500

      Vacant Duplex Ready for Season

      Fully vacant duplex in Wildwood, ready for immediate occupancy.
      210 W Burk Ave, Wildwood, NJ 08260
      View Details

    FAQs

    What type of property is this?
    Retail space - 4,200 SF retail space on 1.02 acres for sale.
    Where is this retail space located?
    The property is located at 321 E Cedar Ave Wildwood, NJ.
    What are key features of this property?
    This property features: - 4,200 SF building size; - 1.02 Acre lot size; - Located in the heart of Wildwood
    Request Owner's contact information
    321 E Cedar Ave Wildwood, NJ 08260
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    321 E Cedar Ave
    Wildwood, NJ 08260
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    321 E Cedar Ave Wildwood, NJ 08260
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Christopher Pennington
    Real Estate License ID: PA 5006286
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!