Technical
Financial
Distress signals
Property profile

248 New York Rd Galloway, NJ 08205

OFF-MARKET
Commercial real estate
Property ID
US59-1889279
2.08 ac lot Built 1989
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1989
Lot 2.08 ac (90,605 SF)
Zoning code CC-2
APN 11 01169- 01-00022
UPID US59-1889279

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm Tax Preparation
  • Law Firm
  • Accounting Firm Tax Preparation
  • Accounting Firm Tax Preparation
  • Accounting Firm Tax Preparation

Location

248 New York Rd Galloway, NJ 08205-9648
Galloway metro Census 10505 ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$590k

Owner & transaction history

since 2022
Last sale
$506,000
7 recorded transactions
2022
$506,000
2002
$459,000
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC-2 · Galloway, NJ
Zoning description

Community Commercial-2 District (CC-2). [Added 6-12-2007 by Ord. No. 1713 ] A. Purpose. The purpose of the Community Commercial District is to create opportunities for nonresidential development along Route 9 while prese…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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