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Property profile & analytics

2500 Delaware Ave North Wildwood, NJ 08260-2548

  • Commercial real estate
  • 25,117 SF
  • 2.46 lot acres
OFF-MARKET
Value Estimation
$460,000
Last Sale
Nov 14, 2024
$475,000
Location Intelligence
Property ID
US59-1273292
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

  • Commercial real estate

Property Details for 2500 Delaware Ave

Year built
1970
Construction
CONCRETE BLOCKS
Lot size
2.46 lot acres
Property size
25,117 SF
Zone code
SC
Property type
Commercial real estate
APN
07 00107-0000-00001
APU
700107000000001

Description

This exceptional 23,466 square foot, two-story retail and medical office building in North Wildwood, NJ, offers a unique investment opportunity. Located at 2500 Delaware Ave, near Delaware Ave and 26th Street, this Class B property boasts 7,000 square feet of immediately available space, divisible to a minimum of 1,500 square feet and a maximum contiguous space of 7,000 square feet. Built in 1970, the building features a 12-foot ceiling height and ample parking with 146 spaces. The property sits on a 2.46-acre lot and is zoned for shopping center use, allowing for a variety of tenants including retail, dining, medical, and office uses. Benefit from its prime location adjacent to a CVS and Acme supermarket, two established anchors in a thriving coastal community with a large seasonal population and millions of annual visitors. The available space features prominent glass frontage, minimal columns, and end-cap positioning ideal for drive-through capabilities. A second-floor area of approximately 2,800 square feet provides additional storage. Shared signage opportunities on a prominent pylon are also available. Property taxes are $2 per square foot. This is a rare chance to secure a highly visible space in a bustling coastal location with strong existing tenancy and significant foot traffic.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $475,000
  • CAP approach

    CAP return
    Estimation
    6%
    $420,000
    6.5%
    $375,000
    7%
    $425,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $370,000
    Geo Method
    $440,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $490,000
    Retail
    $375,000
    Mixed-Use
    $405,000
    Hospitality
    $480,000
    Educational
    $480,000
    Residential Income
    $375,000
    Energy
    $405,000
    Income-Based Land
    $400,000
    Food Service
    $370,000

Location Insight

  • Map
  • Local Demand
City
North Wildwood
County
Cape May
State
New Jersey
Longitude
-74.8134
Latitude
38.9974
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
$45,559
$2,340,000
$659,300
$2,999,300
-
$2,340,000
$659,300
$2,999,300
More about this property
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