Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ventnor Commercial Property For Lease Title is generated by Realmo AI

    4910 Wellington Ave, Ventnor, NJ 06406

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Commercial - Ventnor, NJ

    Property size:
    11,500 SF
    Lot size:
    1.93 Acres
    Added:
    Apr 23, 2026
    Days on Market:
    17
    Last Refresh:
    May 9 at 12:06 am

    Property Features for 4910 Wellington Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    D-C
    Standard status
    Active
    Size
    11,500 SF
    Lot size
    1.93 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    27602

    Building Details

    Floors in Building
    1

    We can help!

    Listing Contact
    SAMANTHA ZERAFA ROESSLER
    SAMANTHA ZERAFA ROESSLER

    Listing agent SAMANTHA ZERAFA ROESSLER License #0786665

    Listing office FORESITE COMMERCIAL REALTY 2408 NEW ROAD, NJ

    Listing date Apr 23, 2026

    MLS# 607500 Listing URL

    Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in a redevelopment district with potential for retail/residential mix (subject to approvals).
    • Existing 11,500 +/- sf building on 1.93 +/- acres.
    • Drive‑thru bank machine ground lease in place to 2030.
    • Zoned D‑C (Design Commercial).
    • Located next to Ventnor Plaza Shopping Center (Acme, Starbucks, Burger King, Auto Zone).
    • Easily accessible from Black Horse Pike / 322.

    Overview

    This commercial property in Ventnor, NJ, offers 1.93 acres for sale or for lease, featuring an existing building with 11,500 square feet. Situated in a redevelopment district, the property is zoned D-C (Design Commercial), presenting an excellent opportunity for a retail with residential mix, subject to approvals. A drive-thru bank machine ground lease is in place until 2030. The property is located next to the Ventnor Plaza Shopping Center, anchored by Acme, Starbucks, Burger King, Auto Zone, and other businesses. Ventnor Beach is under 2 miles away. An adjacent property is being developed into a self-storage facility. The property is easily accessible from the Black Horse Pike / 322. The lease rate is $15.00 per square foot NNN plus CAM plus utilities for the first year.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Discount Store Western Union Bank

    Suggested Use

    Restaurant Real Estate Agency 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
    Ventnor
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.474695
    Latitude
    39.353281

    Nearby Similar for Lease

    • $4,500/Mo

      Ventnor Retail/Restaurant Space Available

      Prime commercial space in high-traffic area with restaurant potential.
      5105 VENTNOR Ave, Ventnor, NJ 08406
      View Details
    • $3,750/Mo

      Ventnor Retail Space For Rent

      Updated corner retail space in Ventnor's North Beach neighborhood.
      5201 Ventnor Ave, Ventnor, NJ 08406
      View Details

    FAQs

    What type of property is this?
    Retail space - 1.93 acre commercial property with existing building for lease.
    Where is this retail space located?
    The property is located at 4910 Wellington Ave Ventnor, NJ.
    What are key features of this property?
    This property features: Prime location in a redevelopment district with potential for retail/residential mix (subject to approvals).; Existing 11,500 +/- sf building on 1.93 +/- acres.; Drive‑thru bank machine ground lease in place to 2030.
    (609) 646-1919
    We can help!
    Listing Contact
    SAMANTHA ZERAFA ROESSLER
    SAMANTHA ZERAFA ROESSLER
    Real Estate License ID: 0786665
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    4910 Wellington Ave, Ventnor, NJ 06406
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!