11 Dennis RdMiddle Township, NJ 08210

  • Commercial real estate
  • 18.61 AC

Property Details for 11 Dennis Rd

Year built
1973
Lot size
18.61 AC
Zone code
TC
Property type
Commercial real estate
APN
06 00212- 03-00046
APU
6002120300046

Description

The Plaza at Cape May Court House offers exceptional retail leasing opportunities in a newly renovated community shopping center. This prime location boasts 161,627 square feet across three buildings, with 19 total suites. Currently, 5,500 square feet of space is available for lease, divisible into units ranging from a minimum of 2,000 square feet to a maximum contiguous space of 3,500 square feet. Situated in Cape May County, New Jersey, this center benefits from a high-visibility location directly across from Cape Regional Medical Center, the county's largest private employer, ensuring a consistent flow of potential customers. Its convenient access to the Garden State Parkway provides excellent regional accessibility. The Plaza enjoys a strategic position within Cape May County, attracting over 80% of the county's year-round population. This strong base is further amplified by a significant seasonal influx, with the summertime population swelling to over 250,000 from June through September, presenting a substantial market for businesses seeking high foot traffic and sales potential. This is an unparalleled opportunity to establish or expand your retail presence in a thriving and highly visible location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $268,274,976
    Hospitality
    $245,738,432
    Educational
    $204,451,488
    Medical
    $211,482,896
    Retail
    $318,035,648

Location Insight

City
Cape May Court House
County
Cape May
State
New Jersey
Latitude
39.0897
Longitude
-74.8214
CBSA code
36140
CBSA name
OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$368,658
$5,072,000
$13,388,600
$18,460,600
-
$5,072,000
$13,388,600
$18,460,600

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