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Property profile & analytics
OFF-MARKET
Estimated value
$255,000
Commercial real estate
770 Glenwood Ave West Wildwood, NJ 08260-2267
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US59-0466162
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1949
Construction
FRAME
Lot
0.09 ac (3,960 SF)
Zoning code
T-C
APN
13 00117-0000-00001
UPID
US59-0466162
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
$255k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$255k
Owner & transaction history
770 West Glenwood LLC · 21 yrs held
770 West Glenwood LLC
since 2005
2 recorded transactions
Zoning & alternative use
T-C · West Wildwood, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
T-C Town Commercial Zone TC-AHO Town Commercial Affordable Housing Overlay Zone MC Marine Commercial Zone MC-AHO Marine Commercial Affordable Housing Overlay Zone C Conservation Zone § 340-13 Effect of establishment of districts. Every building hereafter erected or moved shall be on a lot adjacent to a public street and all structures shall be so located on…
Zone name
Town Commercial
General category
COMMERCIAL
Zone area
19.86 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 West Wildwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
$255,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$255k
Range $230k – $281k · ±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
—
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
$3,336
Tax year 2022
Assessed value
$184,000
Assessed 2023
Previous assessed
$184,000
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$84,800
Assessed improvement
$99,200
Land market value
$84,800
Improvement market value
$99,200
Total market value
$184,000
Applied tax rate
13.0000
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
1949
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.09 ac (3,960 SF)
Zoning code
T-C
APN
13 00117-0000-00001
UPID
US59-0466162
Jurisdiction
CAPE MAY
Zoning & alternative use
T-C · West Wildwood, NJZoning T-C · permitted uses
T-C · West Wildwood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
T-C Town Commercial Zone TC-AHO Town Commercial Affordable Housing Overlay Zone MC Marine Commercial Zone MC-AHO Marine Commercial Affordable Housing Overlay Zone C Conservation Zone § 340-13 Effect of establishment of districts. Every building hereafter erected or moved shall be on a lot adjacent to a public street and all structures shall be so located on lots as to provide safe and convenient access for servicing, fire protection and required off-street parking.
Zone name
Town Commercial
General category
COMMERCIAL
Zone area
19.86 ac
Building & site characteristics
From public records
Year built
1949
Construction
FRAME
Heating
NONE
Stories
1
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
770 West Glenwood LLC
Entity
Mailing address
9614 3RD AVE, STONE HARBOR, NJ 08247-1929
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2005
$350,000
770 West Glenwood LLC
Jewell,douglas & Joyce
Grant Deed
$500,000 · Broadway Bk/chicago
—
—
770 West Glenwood LLC
—
Deed Of Trust
related
$390,000 · Sturdy Svgs Bk
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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