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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Turn key restaurants
1711 Rte 47th S, Rio Grande, NJ 08242-1405
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-2997949
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Lot
0.6 ac (26,000 SF)
Zoning code
TC
APN
06 01512-0000-00002
UPID
US59-2997949
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
$820k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Ali Investments INC · 5 yrs held
Ali Investments INC
since 2021
Last sale
$700,000
6 recorded transactions
Zoning & alternative use
TC · Rio Grande, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Rio Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rio Grande 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
Method
Estimation
Statistic approach
$775,000
ML approach
$820,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $700k (May 25 2021)
Last sale anchor
$700k
May 25 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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 2022Property tax & assessments
Tax year 2022
Tax billed
$13,705
Tax year 2022
Assessed value
$675,100
Assessed 2023
Previous assessed
$675,100
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$534,900
Assessed improvement
$140,200
Land market value
$534,900
Improvement market value
$140,200
Total market value
$675,100
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Heating
NONE
Units
1
Lot
0.6 ac (26,000 SF)
Zoning code
TC
APN
06 01512-0000-00002
UPID
US59-2997949
Jurisdiction
CAPE MAY
Zoning & alternative use
TC · Rio Grande, NJ
Zoning TC · permitted uses
TC · Rio Grande, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rio Grande. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Units
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Ali Investments INC
Entity
Mailing address
10 BREWERS LN, WOODBINE, NJ 08270-3715
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2023
—
Ali Investments INC
—
Deed
related
$835,000 · Huntingdon Valley Bank
May 25, 2021
$700,000
Ali Investments INC
Hui Zheng
Deed
—
May 24, 2021
$700,000
Ali Investments INC
Hui Zheng
Grant Deed
—
May 24, 2004
$245,000
Zheng,hui & Feng
Wei,hsueh-hua
Grant Deed
$120,000 · Republic First Bk
Mar 23, 1988
$352,500
Shen Hung Lin
Unknown
Grant Deed
—
—
—
Hui Zheng
—
Deed Of Trust
related
$454,750 · Wilmington Savings Fund Societ
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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