Individually Owned 
For Sale
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Contact for pricing
4910 Wellington Ave, Ventnor City, NJ 08406
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Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Total area
11,500 SF
Zoning code
D-C
APN
22 00303-0000-00002- 02
UPID
US59-2433906
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
-
Discount Store
-
Bank Credit Union
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.19M
CAP Approach
CAP
$2.63M
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$2.20M
Owner & transaction history
since 2021
Last sale
$2.2M
2 recorded transactions
Zoning & alternative use
D-C · Ventnor City, NJ
Top alternative use upside
Office building
$3.3M
+106.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.20M
Value range
$1.98M – $2.42M
±10% around blend
Estimated value / SF
$191 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
30
Income certainty
100
$1.98M
blend $2.20M
$2.42M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,500 SF
Year built
1970
Stories
1
APN
22 00303-0000-00002- 02
Zoning
D-C
Assessed value
$977,400
Annual tax
$25,139
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.63M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.85M
@ 6.5% CAP return
$2.63M
@ 7% CAP return
$2.44M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$25,139
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$755k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.7 mi away · 10,032 SF
7.5 mi away · 8,698 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.20M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 32 sales
$139
+37%
Submarket 239 sales
$122
+56%
County 589 sales
$132
+45%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $191/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+106%
vs current-use indication
Commercial (general) · current use
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
7.80%
Selected cap rate for this commercial real estate
Derived from the Ventnor City market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.80%
9.0%
NOI (est.)
$178k *
Last sale · Dec 2021
$2.15M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.28M
Move the market yield to see immediate price impact.
Value / SF
$198
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.30%7.80%8.30%
$160k
$2.19M
$2.05M
$1.93M
$178k
$2.44M
$2.28M
$2.14M
$196k
$2.68M
$2.51M
$2.36M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$675k
4.7 mi · May 2026 · $67/SF
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$25,139
Tax year 2022
Assessed value
$977,400
Assessed 2023
Previous assessed
$977,400
+0.0% YoY
Effective rate
2.57%
On assessed value
Assessed land
$482,500
Assessed improvement
$494,900
Land market value
$482,500
Improvement market value
$494,900
Total market value
$977,400
Applied tax rate
22.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1970
Heating
NONE
Stories
1
Units
1
Total area
11,500 SF
Zoning code
D-C
APN
22 00303-0000-00002- 02
UPID
US59-2433906
Jurisdiction
ATLANTIC
Zoning & alternative use
D-C · Ventnor City, NJZoning D-C · permitted uses
D-C · Ventnor City, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Stories
1
Units
1
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
D-C
Jurisdiction
Ventnor City, NJ
Recorded code
D-C
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for D-C in Ventnor City, NJ.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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