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Property profile & analytics
OFF-MARKET
Commercial real estate

3845 Bayshore Rd North Cape May, NJ 08204-3261

42.05 ac lot
Entity Owned 22-yr Hold Free & Clear
Property ID
US59-3138811
Property summary
AI-generated overview

This exceptional retail opportunity presents 2,000 square feet of vacant space within the Bay Shore Shopping Center, located at 3845 Bayshore Rd, Cape May, NJ 08204. Situated on a 3-acre lot in Lower Township, Cape May County, this property offers significant potential for a variety of retail businesses. The entire shopping center encompasses 2,000 square feet of building space, currently fully available for lease. The property's classification includes both retail and land components, making it suitable for a range of development or expansion plans. The multiple tenancy structure allows for flexibility in lease terms and configurations. The property's strategic location in Cape May, a popular New Jersey coastal destination, provides excellent visibility and accessibility to a substantial customer base. Given the current vacancy, this presents a unique chance to establish a presence in a thriving commercial area. The property's size and location make it an attractive investment for entrepreneurs seeking a high-traffic retail space. Interested parties are encouraged to explore the possibilities this prime location offers. Further details regarding lease terms and conditions are available upon request. The property is conveniently located at 38.9748585 latitude and -74.9382961 longitude.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 42.05 ac (1,831,698 SF)
APN 05 00741- 01-00028- 01
UPID US59-3138811
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
Current use
Occupant on record · Public records
  • Gorman's Liquor Store (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • The EtCetera Thrift Shop - North Cape May Discount Store
  • Bayshore Mall Shopping Center & Mall
  • Western Union Bank Credit Union
  • higi Physician
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
Bayshore Mall 1a LLC · 22 yrs held
Bayshore Mall 1a LLC
since 2004
4 recorded transactions
2010
Price N/A
2004
$8.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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