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Property profile & analytics

1500 Route 47 Rio Grande, NJ 08242

  • Commercial real estate
  • 12.73 lot acres
Value Estimation
Location Intelligence
Property ID
US59-1933201
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Spirit Halloween / Costume Store / Party Store

Property Details for 1500 Route 47

Year built
1991
Lot size
12.73 lot acres
Zone code
TC
Property type
Commercial real estate
APN
06 01480-0000-00001
APU
601480000000001

Description

This exceptional 10,326 square foot retail strip center in Rio Grande, Cape May County, presents a unique sublease opportunity. The entire space is currently vacant, offering a blank canvas for a wide range of retail concepts. Strategically located with easy access from Delsea Drive, this property benefits from significant daily traffic generated by nearby anchor tenants such as ShopRite and Planet Fitness. The high visibility location places your business in the heart of Rio Grande's thriving retail trade area, ensuring maximum exposure to potential customers. The property's 10,326 square feet provides ample space for a large-scale operation or the potential to be subdivided for multiple tenants. This is an ideal opportunity for businesses seeking a prominent location with high foot traffic and excellent visibility in a densely populated area. The property's size and location make it suitable for a variety of retail uses, from grocery stores and fitness centers to restaurants and specialty shops. The substantial vacant space allows for complete customization to meet the specific needs of the future tenant. This sublease opportunity offers a chance to establish a strong presence in a prime retail location within a busy commercial area. The property's convenient access and high visibility make it an attractive option for businesses looking to expand or establish a new location in a thriving community. Serious inquiries are encouraged to explore this exceptional retail space.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Rio Grande
County
Cape May
State
New Jersey
Longitude
-74.8705
Latitude
39.0129
CBSA code
36140
CBSA name
OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$255,554
$0.00
$0.00
$12,204,100
-
$4,325,200
$8,460,900
$12,786,100
More about this property
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