535 Rte 47th S Cape May, NJ 08204
- Motels
- 3.75 lot acres
Current Use by Public Records
- Motels
Property Details for 535 Rte 47th S
- Year built
- 1965
- Lot size
- 3.75 lot acres
- Zone code
- VC
- Property type
- Motels
- APN
- 06 00466- 01-00035
- APU
- 6004660100035
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,525,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,450,000
- 6.5%
- $1,695,000
- 7%
- $1,675,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,595,000
- Geo Method
- $1,330,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,650,000
- Retail
- $1,800,000
- Mixed-Use
- $1,725,000
- Hospitality
- $1,335,000
- Educational
- $1,635,000
- Residential Income
- $1,370,000
- Energy
- $1,685,000
- Income-Based Land
- $1,695,000
- Food Service
- $1,745,000
Location Insight
- Map
- Local Demand
- City
- Cape May
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.9
- Latitude
- 39.0414
- CBSA code
- 36140
- CBSA name
- OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA