Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,225,000
Commercial real estate
5000 Park Blvd Wildwood, NJ 08260-1428
Entity Owned
~
Est. High Equity
Property ID
US59-3185057
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2005
Construction
CONCRETE BLOCKS
Total area
14,616 SF
Lot
1.68 ac (72,998 SF)
Zoning code
GC
APN
14 00028-0000-00001
UPID
US59-3185057
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.03M
Blend (final)
Blend
$4.23M
Owner & transaction history
Retail Propco Borrower LLC
Retail Propco Borrower LLC
since 2025
4 recorded transactions
Zoning & alternative use
GC · Wildwood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The property is located within that portion of the General Commercial (GC) Zone east of New Jersey Avenue. The minimum lot size is 10,000 square feet. Automotive service stations and garages. Car washes. Seasonal Christmas tree sales, provided: Annual sale of Christmas trees is permitted between December 1 and December 25 in any given calendar year. Conditio…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
66.87 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wildwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wildwood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.23M
Range $3.80M – $4.65M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$289 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$100,111
Tax year 2022
Assessed value
$3,535,000
Assessed 2023
Previous assessed
$3,535,000
+0.0% YoY
Effective rate
2.83%
On assessed value
Land market value
$2,587,500
Improvement market value
$1,012,500
Total market value
$3,600,000
Applied tax rate
14.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2005
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
14,616 SF
Lot
1.68 ac (72,998 SF)
Zoning code
GC
APN
14 00028-0000-00001
UPID
US59-3185057
Jurisdiction
CAPE MAY
Zoning & alternative use
GC · Wildwood, NJZoning GC · permitted uses
GC · Wildwood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The property is located within that portion of the General Commercial (GC) Zone east of New Jersey Avenue. The minimum lot size is 10,000 square feet. Automotive service stations and garages. Car washes. Seasonal Christmas tree sales, provided: Annual sale of Christmas trees is permitted between December 1 and December 25 in any given calendar year. Conditional use approval and site plan review by the Planning Board is not required. Instead, the Zoning Official shall require and review a site plan for the temporary use. Should the use meet the conditions set forth here and in Section 501H [1] be met, then a zoning permit shall be issued. The fee for such temporary use permit shall be the same as the fee for a change of use permit. [1]
Zone name
General Commercial
General category
COMMERCIAL
Zone area
66.87 ac
Building & site characteristics
From public records
Year built
2005
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
1.68 ac
Current owner
From public records · entity-resolved
Retail Propco Borrower LLC
Entity
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
—
Retail Propco Borrower LLC
—
Deed
related
$490,000 · Wells Fargo Bank
Sep 22, 2025
—
Retail Propco Borrower LLC
Waltrust Properties INC
Special Warranty Deed
$545,000,000 · Wells Fargo Bank NA
Oct 26, 2009
$7,900,000
Waltrust Properties INC
S & P Wildwood LLC
Grant Deed
—
Oct 3, 2008
$3,526,000
S & P Wildwood LLC
Mdn Associates
Grant Deed
$7,200,000 · Independent Mtg
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 5000 Park Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
