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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Commercial real estate
516 Stone Hbr Blvd Cape May Court House, NJ 08210-2418
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-1897061
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1947
Total area
2,120 SF
Lot
14.35 ac (625,086 SF)
Zoning code
TCRC
APN
06 00132- 01-00028
UPID
US59-1897061
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
-
Burke Pre-owned Cars & Trucks Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.00M
Owner & transaction history
Burke 1912 LLC · 1 yrs held
Burke 1912 LLC
since 2024
Last sale
$2.0M
4 recorded transactions
Zoning & alternative use
TCRC · Cape May Court House, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cape May Court House submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cape May Court House 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
$2,000,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $2.00M (Sep 23 2024)
Last sale anchor
$2.00M
Sep 23 2024
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
$943 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$11,801
Tax year 2023
Assessed value
$574,000
Assessed 2024
Previous assessed
$574,000
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$370,400
Assessed improvement
$203,600
Land market value
$370,400
Improvement market value
$203,600
Total market value
$574,000
Applied tax rate
6.0000
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
1947
Heating
NONE
Stories
3
Units
1
Total area
2,120 SF
Lot
14.35 ac (625,086 SF)
Zoning code
TCRC
APN
06 00132- 01-00028
UPID
US59-1897061
Jurisdiction
CAPE MAY
Zoning & alternative use
TCRC · Cape May Court House, NJ
Zoning TCRC · permitted uses
TCRC · Cape May Court House, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cape May Court House. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
NONE
Stories
3
Units
1
Lot
14.35 ac
Current owner
From public records · entity-resolved
Burke 1912 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1124 GOLF CLB RD, CAPE MAY COURT HOUSE, NJ 08210-2855
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Sep 23, 2024
$2,000,000
Burke 1912 LLC
Rdk Holdings LLC
Deed
—
Jun 12, 2014
—
Jersey Turnpike Authority New
Rdk Holdings LLC
Grant Deed
related
—
Dec 29, 2011
—
Rdk Holdings LLC
Burke,kathryn U
Grant Deed
related
$211,240 · Sturdy Savings Bank
—
—
Penders,john & Sandra R
—
Deed Of Trust
related
$300,000 · Td Banknorth
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.
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