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Property profile & analytics
OFF-MARKET
Commercial real estate
3001 Bayshore Rd Cape May, NJ 08204-3705
Entity Owned
~
Est. High Equity
Property ID
US59-0097326
Property summary
AI-generated overview
This exceptional investment opportunity presents a 1,200 square foot free-standing retail building situated on a 135 x 107 foot lot at 3001 Bayshore Road in Cape May, New Jersey (zip code 08204). Currently operating as a grocery store, quick-service restaurant, and storefront, the property boasts 100% occupancy with a strong, seven-year remaining lease under a Triple Net (NNN) lease structure. The asking price is $349,900, translating to $291.58 per square foot, and offering a compelling 10% capitalization rate. The property features nine off-street parking spaces and benefits from its location on a high-traffic road, just a short distance from Cape May's popular beaches. The General Business (GB) zoning allows for versatile usage. The sale includes the real estate only
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.33 ac (14,445 SF)
Zoning code
GB
APN
05 00495- 02-00001- 01
UPID
US59-0097326
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
Cape May Lavender LLC
Cape May Lavender LLC
since 2026
Last sale
$160,000
7 recorded transactions
Zoning & alternative use
GB · Cape May, 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 Cape May submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape May 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$4,059
Tax year 2022
Assessed value
$210,000
Assessed 2023
Previous assessed
$210,000
+0.0% YoY
Effective rate
1.93%
On assessed value
Assessed land
$94,900
Assessed improvement
$115,100
Land market value
$94,900
Improvement market value
$115,100
Total market value
$210,000
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Stories
1
Units
1
Lot
0.33 ac (14,445 SF)
Zoning code
GB
APN
05 00495- 02-00001- 01
UPID
US59-0097326
Jurisdiction
CAPE MAY
Zoning & alternative use
GB · Cape May, NJ
Zoning GB · permitted uses
GB · Cape May, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape May. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
1
Units
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Cape May Lavender LLC
Entity
Mailing address
1424 CLOVE RD, STATEN ISLAND, NY 10301-4335
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2026
$220,000
Cape May Lavender LLC
Sada Group LLC
Deed
—
Feb 14, 2025
$320,000
Sada Group LLC
3001 Realty LLC
Deed
$120,000 · 3001 Realty LLC
Mar 31, 2023
$160,000
3001 Realty LLC
Rvp Property Management LLC
Deed
—
Jan 14, 2022
$160,000
3001 Realty LLC
Rvp Prop Mgmt LLC
Deed
—
Jun 7, 2010
$200,000
Rvp Property Management LLC
Casaba R/e Holding Corp
Grant Deed
$150,000 · Cape Bank
Oct 8, 2009
—
Casaba R & E Holding Corp
5ts LLC
Deed In Lieu Of Foreclosure
related
—
Nov 19, 2004
—
5 Ts LLC
—
Trustees Deed
related
$50,000 · Cape Svgs Bk
Nov 18, 2004
—
5ts LLC
—
Trustees Deed
related
$500,000 · Cape Svgs Bk
Apr 20, 2004
$145,000
5 Ts LLC
Leuzzi,margaret
Grant Deed
$132,000 · Cape Svgs Bk
Apr 15, 2004
—
5 Ts LLC
—
Trustees Deed
related
$132,000 · Cape Svgs Bk
—
—
5 Ts LLC
—
Deed Of Trust
related
$80,000 · Cape Svgs Bk
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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