414 Garden State Parkway $1,250,000


    414 Garden State Parkway Cape May Court House, NJ 08210

    • 4.59 Acres
    • Land
    MLS# 169431 | ACTIVE


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    Days On Market: 932 0 Views
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    JUST APPROVED-Acquire your very own PRIVATELY OWNED REST STOP right on the NJ GARDEN STATE PARKWAY. Seller is accepting ALL Contract Offers for consideration. Property appraised for $1.588 million & asking price was JUST REDUCED to $1.25 million & is being offered for sale together with approvals. Preliminary Commercial Zoning Use with Plans already APPROVED! Ideal Commercial Development Opportunity is NOW READY to break ground by late Summer/early Fall 2018. With Seller's assistance, all a buyer needs is Final Site Plan w/Construction Drawings; and you can project to break ground in approx 60-90 days following contract execution!! Perfect For a Gas Station together with National Convenience Store or Commercial Strip w/Drive Thru; National Coffee or Donut Chain; or Privately Owned REST STOP right on NJ Garden State Parkway, with full access to both North & South bound lanes (approx. 6,000-8,000 sq ft building). Alternative proposed uses include Flagship hotel; Medical/Healthcare Facility Use; Banking/Finance Center; Mixed-Use Office/Commercial Strip. Seller willing to also lease-back existing commercial building as a term of consideration in sale. Every Investor's #1 DREAM LOCATION - This is a very rare once in a lifetime opportunity to acquire such unique prime commercial real estate for sale in South Jersey, as it may be generations before another special property like this ever becomes available. Property features 4.59 DRY ACRES with a whopping 653 ft of Parkway Frontage, all located smack RIGHT ON the NJ Garden State Parkway & features an existing drive-in access. (Property is free of all flood hazard areas -no wetlands). Even more impressive is that the State of NJ built a DIRECT ACCESS road to service extreme high traffic parkway volume traveling both Northbound & Southbound, exclusively for YOU as the new owner of this premier piece of real estate, with TWO CURB CUTS in place & supporting signage opportunities available! Property can also accommodates up to 74 parking spots without CAFRA approval to service any large Tenant's business. As an alternative option, Seller also has an approved office use variance currently in use which could be ideal for a variety of office, medical office use/medical services. This sale offering has a tremendous amount of profitable options to explore!! Property is in the premier spot servicing a very large volume year round working community; and will service multiple millions of tourists traveling to barrier island vacation destinations, including Avalon, Stone Harbor, the Wildwoods, & Cape May. Highway traffic volume also includes all traffic headed to Cape May-Lewes Ferry to Delaware heading southbound towards Florida; and towards Phil/NYC, Atlantic City & all of Central/North Jersey heading Northbound. Located on Northbound side of Parkway on mile marker 10.2, right past Stone Harbor Blvd & diagonally across from Cape Regional Hospital. PLEASE NOTE: Off of Exit 10, this will be the very FIRST Rest Stop on the NJ Garden State Parkway traveling North from Cape May/Wildwoods/Stone Harbor & the very last Rest Stop traveling Southbound after Exit 17 at Sea Isle City. CALL TODAY- IT DOESN'T EVER GET BETTER THAN THIS!

    • General Features
      • Zoning Commercial, Hotel/Motel, Business/Shop/Office, Other (See Remarks)
      • Area Cape May Court House
      • Bank Owned No
      • Sale Rent For Sale
      • Type Commercial Vacant Lot
    • Property Features
      • Lot Size1 653x300
      • Frontage 653
      • Lot Size 1+ Acre to 5 Acres
      • Improvements Paved Road, Sidewalk, Gas, Electric, Water, Cable TV, Other (See Remarks)
      • Number of Acres 4.59
      • Specific Lot Information Other (See Remarks)
      • Topography Partially Cleared
      • Location Highway, Other (See Remarks)
      • Lot Number 31


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    Market Last 30 Days

    $229,000 Median Sales Price
    35 Homes Sold
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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,250,000
        7/19/2018 4:09:47 AM Status Changed Source New Value: ACTIVE
        7/18/2018 4:09:51 PM Status Changed Source New Value: Active
        6/28/2018 4:09:50 AM Status Changed Source New Value: ACTIVE
        6/26/2018 2:09:46 PM Status Changed Source New Value: Active
        4/1/2016 8:53:00 PM New in Database Source

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