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Property profile & analytics
OFF-MARKET
Gas stations

795 Rte 109 Cape May, NJ 08204-4690

0.9 ac lot
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US59-1932102
Property summary
AI-generated overview

Exceptional opportunity to acquire a well-established, 100% occupied gas station and auto repair shop in Cape May, New Jersey. Located at 795 Route 109 Unit B, this turnkey operation includes real estate, business, and all fixtures, furniture, and equipment (FF&E). Situated on a 39,303 sq ft lot, the property boasts a prime location at the junction of Route 109, Ocean Drive, and Exit 0 of the Garden State Parkway, offering high visibility and convenient access. Built in 1993, the single-building property is zoned GB and operates as a commercial condominium (condo docs available). This high-volume business has been successfully managed for over twenty years and is now offered for sale due to the owners' retirement. Complete financial records are available to qualified buyers. The property is four miles from the nearest competitor (Super Wawa), ensuring a strong market position. This represents a rare chance to own a profitable, established business in a desirable coastal location.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Construction TYPE NOT SPECIFIED
Lot 0.9 ac (39,239 SF)
Zoning code GB
APN 05 00793-0000-00011- 02-C-B
UPID US59-1932102
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
C & J LLC · 10 yrs held
C & J LLC
since 2016
4 recorded transactions
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GB · Cape May, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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