Updated Corner
For Sale
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5201 Ventnor Ave, Ventnor, NJ 08406
A gross-lease retail space offers a refreshed facade and storage for business operations.
Property Size1,700 SF
Price / SF$2.06
Days on Market63
Property Features for 5201 Ventnor Ave
General Information
Standard status
Active
Size
1,700 SF
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$23,194
Listing Agency:
FARLEY and FERRY REALTY, INC
Listed By:
MARY LOU FERRY WIMMER · License #RB-8530847
(609) 289-1139
Source:
Hartmanhometeam
Added: Aug 26
Changed: Oct 27
Last Checked: Oct 27 at 3:14AM
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 FARLEY and FERRY REALTY, INC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This approximately 1,700-square-foot storefront features a recently updated facade and ample storage. The space is offered under a gross lease, with room for a tenant to configure the interior to suit its business needs.
The storefront occupies a corner on Ventnor Avenue in Ventnor’s North Beach neighborhood, among established businesses along a commercial corridor.
The storefront occupies a corner on Ventnor Avenue in Ventnor’s North Beach neighborhood, among established businesses along a commercial corridor.
Key Highlights
- Approximately 1,700 square feet of retail space
- Updated facade at a corner location
- Ample storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,333
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,660
$326.7K
Cap Rate 7%
$233,329
$233.3K
Cap Rate 9%
$181,478
$181.5K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$25.5K $15.00/SF
− Vacancy
−$2.2K −$1.28/SF
EGI
$23.3K $13.73/SF
− OpEx
−$7.0K −$4.12/SF
NOI
$16.3K $9.61/SF
Area
Atlantic County, NJ
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,660
Cap Rate 7%
$233,329
Cap Rate 9%
$181,478
Alternative Uses
Best Use
Retail
$233.3K
$204.2K – $272.2K
NOI $16,333 @ 7.0% cap · market cap 466.66%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$633.1K
$553.9K – $738.6K
NOI $44,315 @ 7.0% cap · market cap 1,266.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Wawa
Shops & Services
21,951 visits/mo
0.0 miles
Demographics for 08406, NJ
9,188
Population
7,772
Households
1.2
Avg Household Size
51
Median Age
38%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
4,594
Density / Sq Mi
$75,034
Median Household Income
$51,057
Median Earnings
$1,460
Median Rent
$345,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Rain Florist — 139 N Dorset Ave, Ventnor City, NJ 08406
- Ken Myers Photos — 206 N Suffolk Ave #1860, Ventnor City, NJ 08406
Frequently Asked Questions
What type of property is this?
Storefront property - A gross-lease retail space offers a refreshed facade and storage for business operations.
Where is this storefront property located?
The property is located at 5201 Ventnor Ave Ventnor, NJ.
What are key features of this property?
This property features: Approximately 1,700 square feet of retail space; Updated facade at a corner location; Ample storage
