Individually Owned Property summary
This exceptional commercial property, located at 9208-10 Ventnor Avenue in Margate City, New Jersey, presents a compelling investment opportunity. The 4,000 square foot flex space building, constructed in 1950, is currently occupied by a long-term tenant, Miyako, operating as a restaurant and bar. The property boasts a highly desirable location on a busy corner in the southside of Margate. The asking price is $2,250,000, translating to a price per square foot of $562.50. The lease with the… current tenant expires on December 30, 2024, representing approximately 0.1 years remaining. The property's total assessment is $678,600, with 2023 taxes totaling $11,197. Additional 2023 operating expenses include utilities of $2,713 and insurance costs of $4,912. This property offers a unique blend of established tenancy and significant potential for future growth in a prime commercial area. The property's history as the original location of successful businesses adds to its appeal. This is a rare opportunity to acquire a well-situated commercial property in a thriving market. Serious inquiries are encouraged.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.09 ac
- Year built
- 1950
- Stories
- 1
- APN
- 16 00125-0000-00062
- Zoning
- CBD
- Assessed value · 2024
- $678,600
- Annual tax · 2023
- $11,197
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
CBD), C-1, C-2, Waterfront Special District (WSD) and Riparian (R) Zones; however, existing parking must be maintained. Parking for residential conversions and all building additions, however, shall be provided on site i…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Alternative use
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