Property profile

500 John S Penn Blvd Woodbine, NJ 08270

OFF-MARKET
Commercial real estate
Property ID
US59-2429053
8.99 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction TYPE NOT SPECIFIED
Lot 8.99 ac (391,604 SF)
Zoning code LIM
APN 16 00125-0000-00001- 06
UPID US59-2429053

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
  • Car Dealership Auto Repair Shop

Location

500 John S Penn Blvd Woodbine, NJ 08270-2636
Woodbine metro Census 20500 OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2021
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LIM · Woodbine, NJ
Zoning description

LIM) zoning districts only if the following requirements are complied with: 1. The regulations of this Section are subject to the enabling authority of the State of New Jersey and are subject to compliance with all statu…

General category INDUSTRIAL

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
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