1121 Route 47 South

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1121 Route 47 South

Rio Grande, NJ 08242
Asking Price
$250K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building available for purchase in Rio Grande
  • Total interior space measures 1,300 square feet
  • Located directly on the highly accessible Route 47 South
  • Asset priced at 249,900 dollars for prospective buyers
  • Supports professional operations within the Cape May County market

What's Special

This office building is available for sale and presents a practical option for a local business owner or an investor seeking a compact commercial asset in Rio Grande, New Jersey. The property provides 1,300 square feet of traditional office space, suitable for professional services, medical administrative support, or a small corporate satellite office. Its position along Route 47 South ensures reliable visibility and connectivity within this Cape May County municipality, which serves as a central retail and commercial hub for the surrounding seasonal and year-round communities. The regional economy benefits from consistent tourism traffic and a stable local resident base, creating a steady demand for professional service space in the submarket. With its functional layout and accessible street-front placement, the site functions well for owner-occupants looking to establish a permanent footprint in a well-trafficked corridor. Buyers interested in maintaining a professional presence in the southern New Jersey region will find this property aligns with standard business requirements.

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NOI
$80,000
Cap Rate
32.01%
DSCR
5.39
Strong
Cash-on-Cash
86.92%
Monthly Payment
$1,236.369
Annual Cash Flow
$65,163.574

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