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Property profile & analytics
OFF-MARKET Estimated value $1,630,000
Commercial real estate

1413 Cantillon Blvd Mays Landing, NJ 08330-2058

12,000 SF 2.02 ac lot Built 1990
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US59-3022344
Property summary
AI-generated overview

This fee-simple office building, located at 1413 Cantillon Blvd in Hamilton, New Jersey, presents a compelling investment opportunity. The 12,000-square-foot property sits on a 2.02-acre lot and boasts 54 parking spaces. Currently 100% occupied by Cape Atlantic INK, a publicly funded non-profit organization, under a single-tenant lease with a remaining term of 8.1 years, expiring December 31, 2032. The lease features a built-in 3% annual rent increase, ensuring consistent income growth. Built in 1990, this one-story building offers a strong net operating income (NOI) of $162,699, resulting in an attractive 9% capitalization rate. The asking price is $1,810,000, translating to $151 per square foot. The property enjoys a prime location within the Hamilton Business Park, near major roadways including Route 40, Route 322, and Interstate 195 (Atlantic City Expressway), and is conveniently situated near Atlantic City Airport, Stockton University, and the resort towns of Atlantic City and Ocean City. Neighboring businesses include Pepsi Bottling Company and Stroehmann Bakeries. This is an exceptional opportunity to acquire a stable, income-producing asset with significant long-term potential.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Construction CONCRETE BLOCKS
Total area 12,000 SF
Lot 2.02 ac (87,991 SF)
Zoning code IBP
APN 12 00991-0000-00021
UPID US59-3022344
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.61M
Blend (final) Blend
$1.63M
Owner & transaction history
Lm 1413 LLC · 1 yrs held
Lm 1413 LLC
since 2025
Last sale
$1.8M
6 recorded transactions
2025
$1.8M
2018
Price N/A
2004
$1.4M
2003
$1.1M
2003
Price N/A
1969
Price N/A
Zoning & alternative use
IBP · Mays Landing, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $1.5M +5.4%
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