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Property profile & analytics
OFF-MARKET
Commercial real estate
321 Glenwood Ave Wildwood, NJ 08260
Entity Owned
~
Est. High Equity
Property ID
US59-1555178
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.06 ac (2,701 SF)
Zoning code
R-3
APN
14 00228-0000-00013
UPID
US59-1555178
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
V2 Properties Equity 7 LLC
V2 Properties Equity 7 LLC
since 2025
Last sale
$400,000
5 recorded transactions
Zoning & alternative use
R-3 · Wildwood, 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 Wildwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wildwood 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
$3,257
Tax year 2022
Assessed value
$115,000
Assessed 2023
Previous assessed
$115,000
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$111,400
Assessed improvement
$3,600
Land market value
$111,400
Improvement market value
$3,600
Total market value
$115,000
Applied tax rate
14.0000
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
Units
1
Lot
0.06 ac (2,701 SF)
Zoning code
R-3
APN
14 00228-0000-00013
UPID
US59-1555178
Jurisdiction
CAPE MAY
Zoning & alternative use
R-3 · Wildwood, NJZoning R-3 · permitted uses
R-3 · Wildwood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
V2 Properties Equity 7 LLC
Entity
Mailing address
849 WYNDOM TER, SECANE, PA 19018-3429
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2025
$400,000
V2 Properties Equity 7 LLC
Rodney Falcucci
Deed
$1,200,000 · Hyperion Bank
Nov 23, 2020
$125,000
Rodney Falcucci
Louis H Altobelli JR.
Grant Deed
—
Sep 2, 2020
$850,000
Louis H Antobelli JR.
Ernesto Salvatico
Grant Deed
$350,000 · Ernesto Salvtico
Mar 8, 2019
—
Ernesto M Salvatico
—
Deed
related
$60,000 · S060203-01 Sep +
—
—
Ernesto M Salvatico
—
Deed Of Trust
related
$60,000 · S060203-01 Sep +
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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