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    Property profile & analytics

    260 21St St Avalon, NJ 08202

    • Commercial real estate
    • 865 SF
    For Sale
    View listing
    $525,000
    Value Estimation
    Last Sale
    Apr 29, 2020
    $357,500
    Location Intelligence
    Property ID
    US59-3029960
    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 260 21St St

    Construction
    FRAME
    Property size
    865 SF
    Zone code
    B-1
    Property type
    Commercial real estate
    APN
    01 00021- 04-00062- 260
    APU
    1000210400062260

    Description

    This exceptional 865-square-foot retail or office space in Avalon, NJ, presents a unique investment opportunity. Located in a highly desirable area, this recently renovated property boasts a prime location with unparalleled visibility. The modern updates include new luxury vinyl plank flooring throughout, creating a sleek and contemporary atmosphere. The space is well-equipped with a kitchenette, a full bathroom featuring a shower, and a climate-controlled HVAC system for year-round comfort. Three oversized display windows maximize exposure to both pedestrian and vehicular traffic, ensuring high visibility for your business. Accessibility is ensured with handicap access, meeting all compliance requirements. Two dedicated parking spaces are included, offering convenience for both employees and customers. The property is ideal for a variety of uses, including boutiques, professional offices, salons, studios, or other retail ventures seeking a presence in Avalon's most coveted areas. The property will be transferred vacant, offering immediate occupancy. The 0.02-acre lot provides a manageable footprint for your business needs. This is a rare chance to acquire a turn-key commercial property in a thriving coastal community. The asking price is $675,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $385,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $300,000
      7%
      $315,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $330,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $280,000
      Mixed-Use
      $320,000
      Hospitality
      $275,000
      Educational
      $350,000
      Residential Income
      $360,000
      Energy
      $340,000
      Income-Based Land
      $320,000
      Food Service
      $280,000

    Location Insight

    • Map
    • Local Demand
    City
    Avalon
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.7195
    Latitude
    39.1021
    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
    2022
    $1,221
    $100,000
    $115,000
    $215,000
    -
    $100,000
    $115,000
    $215,000

    Comparable in this City

    • Value Estimation by Request
      11,367 SF

      282 60th St

      COMMERCIAL (GENERAL) • 11,367 SF
      282 60th St, Avalon, NJ 08202
      View Details
    • Value Estimation by Request
      3,060 SF

      2628 Dune Dr

      COMMERCIAL (GENERAL) • 3,060 SF
      2628 Dune Dr, Avalon, NJ 08202-1903
      View Details
    • Value Estimation by Request
      1.77 Acres

      7829 Ocean Dr

      COMMERCIAL (GENERAL) • 1.77 Acres
      7829 Ocean Dr, Avalon, NJ 08202
      View Details
    • Value Estimation
      $260,000
      865 SF

      272 21st St

      COMMERCIAL (GENERAL) • 865 SF
      272 21st St, Avalon, NJ 08202-2001
      View Details
    • Value Estimation
      $215,000
      865 SF

      268 21st St

      COMMERCIAL (GENERAL) • 865 SF
      268 21st St, Avalon, NJ 08202-2001
      View Details
    • Value Estimation
      $615,000
      3,485 SF

      2619 Dune Dr

      COMMERCIAL (GENERAL) • 3,485 SF
      2619 Dune Dr, Avalon, NJ 08202-1986
      View Details

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    260 21St St
    Avalon, NJ 08202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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