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Property profile & analytics
FOR SALE
Office buildings

804 Route 9 S Cape May Court House, NJ 08210

1.28 ac lot
Entity Owned 10-yr Hold Free & Clear
Property ID
US59-1576531
Property summary
AI-generated overview

This exceptional commercial property, located at 804 Route 9 South in Cape May Court House, New Jersey, presents a compelling investment opportunity. Boasting a highly visible location on Route 9, this 7,410 square foot office building sits on a 1.28-acre lot, offering ample parking. The property's strategic placement provides easy access to the Garden State Parkway, enhancing its appeal and accessibility. Currently configured with four units, generating rental income (with one unit soon to be vacated), this property is suitable for a variety of commercial uses. The substantial size and prime location make it ideal for a business seeking high visibility and convenient access to major transportation routes. The property's zoning and permitted uses should be independently verified. Please note that the provided photographs only showcase two of the building's units. This is a rare opportunity to acquire a significant commercial property in a thriving New Jersey market. The asking price is $995,000. The property is zoned for commercial use in Cape May County, zip code 08210.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 1.28 ac (55,757 SF)
Zoning code TB
APN 06 00333-0000-00009
UPID US59-1576531
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
Current use
Occupant on record · Public records
  • Massage Works Wellness Center Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
804 9 LLC · 10 yrs held
804 9 LLC
since 2015
3 recorded transactions
2015
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
TB · Cape May Court House, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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