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Property profile & analytics
OFF-MARKET
Commercial real estate

1700 Rte 47th S Rio Grande, NJ 08242-1406

5.67 ac lot Built 1975
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US59-0978696
Property summary
AI-generated overview

This exceptional retail opportunity is located at 1700 Route 47 South in Rio Grande, New Jersey, within Cape May County. The property offers four available commercial suites, ideal for a variety of retail businesses. Each suite boasts a minimum of 573 square feet and a maximum contiguous space of 753 square feet, providing flexibility for different business needs. The entire building encompasses 89,890 square feet, ensuring ample space for growth and expansion. Currently, 2,710 square feet are immediately available for lease. This property benefits from its strategic location within a thriving commercial area, anchored by a bustling ShopRite supermarket, guaranteeing high foot traffic and visibility. The address is easily accessible from Route 47 South, providing excellent exposure to a large customer base. The property is categorized as multi-tenant, offering a diverse and vibrant retail environment. This is a fantastic chance to establish or expand your business in a prime location within a busy shopping center in Middle Township, New Jersey, zip code 08242. The property's convenient location and high visibility make it an attractive option for businesses seeking a strong presence in a busy retail area. Don't miss this opportunity to secure your space in this thriving commercial center.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1975
Lot 5.67 ac (246,985 SF)
Zoning code TC
APN 06 01480-0000-00002
UPID US59-0978696
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
by Request
Blend (final) Blend
by Request
Owner & transaction history
Village Super Market INC · 5 yrs held
Village Super Market INC
since 2020
2 recorded transactions
2022
Price N/A
2020
Price N/A
Zoning & alternative use
TC · Rio Grande, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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