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Property profile & analytics
OFF-MARKET
Commercial real estate
1300 Ww Ave 30 Ocean City, NJ 08226-3268
Individually Owned
Free & Clear
Property ID
US59-1734148
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
BRICK
Lot
0.57 ac (24,999 SF)
Zoning code
DB
APN
08 01306-0000-00005
UPID
US59-1734148
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
Current use
Occupant on record · Public records
-
Wells Fargo Bank Bank Loan Service
-
Wells Fargo ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
NOT AVAILABLE FROM DATA SOURCE
NOT AVAILABLE FROM DATA SOURCE
Zoning & alternative use
DB · Ocean City, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
DB, Drive-in Business Zone. § 25-205.2.1 Purpose. [Ord. #02-19; Ord. #03-22, § 1] The Drive-in Business Zone established in § 25-201.2 of this Ordinance is intended to reserve certain areas in Ocean City for the location of commercial uses which by their nature require a large traffic volume to sustain their trade. These land uses characteristically generate…
Zone name
Drive In Business
General category
COMMERCIAL
Zone area
60.96 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ocean City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ocean City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,754
Tax year 2023
Assessed value
$1,377,600
Assessed 2024
Previous assessed
$1,377,600
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,161,500
Assessed improvement
$216,100
Land market value
$1,161,500
Improvement market value
$216,100
Total market value
$1,377,600
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Lot
0.57 ac (24,999 SF)
Zoning code
DB
APN
08 01306-0000-00005
UPID
US59-1734148
Jurisdiction
CAPE MAY
Zoning & alternative use
DB · Ocean City, NJZoning DB · permitted uses
DB · Ocean City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
DB, Drive-in Business Zone. § 25-205.2.1 Purpose. [Ord. #02-19; Ord. #03-22, § 1] The Drive-in Business Zone established in § 25-201.2 of this Ordinance is intended to reserve certain areas in Ocean City for the location of commercial uses which by their nature require a large traffic volume to sustain their trade. These land uses characteristically generate a large volume of automobile traffic of their own and need to be located adjacent to traffic arteries.
Zone name
Drive In Business
General category
COMMERCIAL
Zone area
60.96 ac
Building & site characteristics
From public records
Construction
BRICK
Heating
NONE
Stories
1
Units
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
NOT AVAILABLE FROM DATA SOURCE
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 2609, CARLSBAD, CA 92018-2609
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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