Property profile

54 Tuckahoe Rd Weymouth, NJ 08317

FOR SALE
Bars & Pubs
Property ID
US59-3064567
4.2 ac lot
Entity Owned 22-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 54 Tuckahoe Rd, Weymouth, NJ 08317, presents a unique investment opportunity. The 4,000-square-foot, two-story building, constructed in 1945 and renovated in 2021, sits on a generous 4.2-acre lot and boasts a Class C designation. Currently vacant, this turnkey bar and restaurant features a fully equipped kitchen ready for immediate operation. The interior offers seating for 60 in the bar area and 80 in the dining room, with an additional 80-seat capacity available on the rear outdoor deck. Two basements provide ample storage. The property includes 45 parking spaces, and the recent roof replacement ensures long-term cost savings. Its prime location on a busy road connecting several towns, coupled with the recent construction of numerous homes nearby, guarantees high visibility and strong potential for future growth. The permitted zoning is retail, allowing for flexibility and expansion opportunities. The asking price is $375,000, translating to $93.75 per square foot. While the business has been closed for over two years, no financial information will be provided. This is a truly exceptional opportunity for an owner/user to establish a thriving business in a high-demand location.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Lot 4.2 ac (182,952 SF)
Zoning code PVC
APN 23 00011-0000-00016
UPID US59-3064567

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
  • Atm

Location

54 Tuckahoe Rd Weymouth, NJ 08317
Weymouth metro Census 11600 ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2004
2 recorded transactions
2004
$200,000
1969
Price N/A

Zoning & alternative use

PVC · Dorothy, NJ

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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