20 Dennis RdMiddle Township, NJ 08210

  • Other commercial real estate
  • 12.68 AC
For Lease
$18/SF/YR View listing

Property Details for 20 Dennis Rd

Year built
1940
Lot size
12.68 AC
Zone code
TC
Property type
Other commercial real estate
APN
06 00099- 02-00153
APU
6000990200153

Description

Court House Village, located at 20 Court House South Dennis Rd, Middle Township, NJ 08210, offers exceptional retail opportunities. This multi-tenant property boasts a total of 120,216 square feet, with 8,024 square feet currently available for lease. Three individual suites are immediately available, ranging from 1,000 to 9,616 contiguous square feet, and can be combined for a total of over 7,716 square feet. The property is conveniently situated on Main Street (Rt. 9), offering excellent visibility and accessibility. Zoned TC - Town Commercial, this location benefits from its proximity to established businesses such as TJ Maxx, Big Lots, Arby's, and Popeye's. The owner is undertaking a significant renovation project, including redevelopment of inline spaces to create storefronts ranging from approximately 1,000 to 3,841 square feet. This renovation will also feature new signage on the pylons and building facade facing Route 9 and Cape Regional Medical Center, enhancing visibility for tenants. The property's strategic location and planned improvements present a compelling opportunity for businesses seeking high-traffic exposure in a thriving commercial area. Minimum divisible space is 1,000 square feet.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $182,791,552
    Hospitality
    $167,436,080
    Educational
    $139,304,848
    Medical
    $144,095,760
    Retail
    $216,696,432
20 Dennis Rd, Middle Township, New Jersey

Location Insight

City
Cape May Court House
County
Cape May
State
New Jersey
Latitude
39.0901
Longitude
-74.8176
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
2023
$136,759
$3,085,000
$3,566,700
$6,651,700
-
$3,085,000
$3,566,700
$6,651,700

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