Property profile

6427 Ventnor Ave 33 Ventnor City, NJ 08406

OFF-MARKET
Other commercial real estate
Property ID
US59-0626038
10,883 SF 0.12 ac lot Built 1920
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial space located on the corner of Newport Avenue and Ventnor Avenue in Ventnor, New Jersey, near Agnes Cafe and other nearby restaurants and commercial establishments. It is configured for general professional or small-business use, with potential suitability for office uses such as a law office.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction BRICK
Total area 10,883 SF
Lot 0.12 ac (5,249 SF)
Zoning code C
APN 22 00121-0000-00005- 01
UPID US59-0626038

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
  • Hardware & Home Improvement

Location

6427 Ventnor Ave, Unit 33 Ventnor City, NJ 08406-2114
Ventnor City metro Census 13302 ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.00M
Blend (final) Blend
$430k

Owner & transaction history

since 2017
5 recorded transactions
2017
$725,000
2004
$1.1M
2003
$550,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Ventnor City, NJ
Zoning description

The purpose of the City Commercial District is to permit business uses which are centrally located for the convenience of the City residents and which are retail or service oriented and consistent with the residential ar…

General category COMMERCIAL

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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