1031 Rte 47th S Rio Grande, NJ 08242-1509
- Motels
- 1.12 lot acres
Current Use by Public Records
- Motels
Property Details for 1031 Rte 47th S
- Year built
- 1950
- Lot size
- 1.12 lot acres
- Zone code
- TB
- Property type
- Motels
- APN
- 06 01427-0000-00035
- APU
- 601427000000035
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $635,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $565,000
- 6.5%
- $635,000
- 7%
- $595,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $555,000
- Geo Method
- $595,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $725,000
- Retail
- $675,000
- Mixed-Use
- $570,000
- Hospitality
- $615,000
- Educational
- $750,000
- Residential Income
- $690,000
- Energy
- $665,000
- Income-Based Land
- $630,000
- Food Service
- $575,000
Location Insight
- Map
- Local Demand
- City
- Rio Grande
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.8914
- Latitude
- 39.0208
- CBSA code
- 36140
- CBSA name
- OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA