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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2503 New Jersey Ave North Wildwood, NJ 08260

1,000 SF
Property ID
Property summary
AI-generated overview

This thriving, 100% occupied convenience store and smoke shop is located at 2503 New Jersey Ave in North Wildwood, NJ, 08260. Boasting 1,000 square feet, this turnkey business offers a diverse product range including premium cigars, pipe tobacco, cigarettes, and smoking accessories, enhanced by a climate-controlled cigar room. The business enjoys a prime location on a busy thoroughfare, just blocks from the boardwalk, ensuring year-round customer traffic. Currently operating under a gross lease with five years remaining, the asking price is $89,900, representing a price per square foot of $89.90 and a 10% cap rate. The sale encompasses the business only

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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