Property profile

443 Shr Rd Somers Point, NJ 08244

OFF-MARKET
Commercial real estate
Property ID
US59-0695552
13,330 SF 0.81 ac lot Built 2011
Entity Owned 15-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2011
Construction CONCRETE BLOCKS
Total area 13,330 SF
Lot 0.81 ac (35,249 SF)
Zoning code HC1
APN 21 00912-0000-00006
UPID US59-0695552

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Public Safety Office
  • Physician

Location

443 Shr Rd Somers Point, NJ 08244-2642
Somers Point metro Census 12801 ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.05M
Comparable Approach Comparable
$3.73M
Blend (final) Blend
$3.00M

Owner & transaction history

since 2011
6 recorded transactions
2011
$4.8M
2010
$4.8M
2009
Price N/A
2005
$1.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

HC1 · Somers Point, NJ
Top alternative use upside
Office building $3.8M +61.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 443 Shr Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message