Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    511-521 Pacific Ave Atlantic City, NJ 08401

    For Sale
    $995,000

    10,001 To 20,000 Sqft - Atlantic City, NJ

    Lot size:
    0.40 Acres
    Days on Market:
    208
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 511-521 Pacific Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Mixed Use
    Exterior features
    Sidewalks
    Lot size
    0.40 Acres

    Farley and Ferry Realty Inc. (609) 822-1836 [email protected]

    Listing agent MARY LOU FERRY WIMMER (609) 822-1836 License #RB-8530847

    Listing date May 14, 2025

    MLS# 590722 Listing URL

    Copyright © 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Atlantic City Development Opportunity

    This strategic property features three contiguous lots totaling 17,129 square feet, spanning the entire frontage of Pacific Avenue between South Connecticut and Congress Avenues. The property is located at a busy intersection directly across from the new luxury apartment complex 600 NoBe and the Bella Luxury Condo Tower. A two-story, 3,900-square-foot building occupies the corner lot. The corner lot at Pacific and South Connecticut, a main access route to the Ocean Resort Casino, is fenced and offers high traffic and visibility. The middle lot is a fully leased parking facility, generating revenue. The building shell on the right side offers potential for multi-family, commercial, or mixed-use redevelopment. Located within the CRDA Tourism District, the site is zoned LH-1, allowing for a range of investment opportunities. The property is two blocks from the beach, making it suitable for capitalizing on Atlantic City's growth. Buildable lots must be a minimum of 7,500 square feet per lot for development, allowing these lots to be consolidated into a single project. The property can support up to 10 multi-family units with 20 required parking spaces, or commercial uses on the ground level.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.416614
    Latitude
    39.364974

    Nearby Similar for Sale

    • New
      $1,900,000

      New Construction Duplex Near Beach

      Luxury duplex in Atlantic City's historic Lower Chelsea neighborhood.
      39 S Annapolis Ave, Atlantic City, NJ 08401
      View Details
    • New
      $2,250,000

      Bayfront Multi-Unit Investment Opportunity

      Nine-unit building near Stockton University with condo conversion potential.
      3809 Ventnor Ave, Atlantic City, NJ 08401
      View Details
    • $999,000
      4,620 SF

      Atlantic City Multifamily Investment Opportunity

      Steps from the Boardwalk with ocean views and redevelopment potential.
      111 Oriental Ave Ave, Atlantic City, NJ 08401
      View Details
    • $1,200,000
      2,730 SF

      Waterfront Multifamily with Marina Potential

      Unique multifamily property with marina potential and deep-water boat slips.
      555 N Maryland Ave, Atlantic City, NJ 08400
      View Details
    • New
      $824,900
      1,628 SF

      Versatile Income Property Near Beach

      Multi-unit property near the beach with income potential.
      101 N Brighton Ave, Atlantic City, NJ 08401
      View Details
    • $1,350,000

      Updated Beach-Block Home with Income

      Updated 7BR home with legal duplex near beach.
      108 S Dover Ave, Atlantic City, NJ 08401
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Three contiguous lots with redevelopment potential in a growing area.
    Where is this mixed-use property located?
    The property is located at 511-521 Pacific Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - Prime location in the CRDA Tourism District, two blocks from the beach, with new LH-1 zoning allowing diverse investment opportunities.; - Three contiguous lots totaling 17,129 square feet, offering significant development potential.; - Fully leased parking lot provides steady revenue.
    (609) 822-1836
    Request Owner's contact information
    511-521 Pacific Ave Atlantic City, NJ 08401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    511-521 Pacific Ave
    Atlantic City, NJ 08401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    511-521 Pacific Ave Atlantic City, NJ 08401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.