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Property profile & analytics
OFF-MARKET
Commercial real estate

500 Tilton Rd Northfield, NJ 08225-1218

0.42 ac lot
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-1899800
Property summary
AI-generated overview

This exceptional 2.88-acre commercial lot presents a unique investment opportunity in the desirable Galloway Township, New Jersey. Located at 500 Tilton Road (Route 563), Northfield, NJ 08225, this property boasts a prime location near the prestigious Blue Heron Pines West Golf Course. The land is zoned PIRD Commercial and has previously received approval for the construction of a 15,000 square foot office building, streamlining the development process for prospective buyers. This significantly reduces the time and expense typically associated with obtaining necessary permits and approvals. The property's convenient access to major roadways ensures excellent visibility and accessibility for any commercial venture. The existing zoning and prior approval make this a ready-to-develop site, ideal for a variety of commercial uses. Owners, Ole Hansen and Sons, are offering this exceptional parcel for sale. The property's location in Atlantic County, New Jersey, offers a strong potential for return on investment, given the area's thriving economy and strategic location. This is a rare opportunity to acquire a fully permitted commercial lot in a highly sought-after location. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction CONCRETE BLOCKS
Lot 0.42 ac (18,217 SF)
Zoning code C-B
APN 18 00016- 01-00048
UPID US59-1899800
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
  • Atlantic City Shade Shop (Bike/Boat/Book/etc) Store Home Decor Store
  • Wallace Interiors Interior Design Home Decor Store
  • Northeast Shutter and Shading Solutions (Bike/Boat/Book/etc) Store Home Decor Store
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
500 Tilton Road LLC · 3 yrs held
500 Tilton Road LLC
since 2022
7 recorded transactions
2022
Price N/A
2021
Price N/A
2020
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-B · Northfield, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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