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

    110 N Morris Ave Atlantic City, NJ 08401

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available for lease at 3000 Boardwalk.

    Property size:
    1,440 SF
    Lot size:
    1.09 Acres

    Property Features for 110 N Morris Ave

    General Information

    Size
    1,440 SF
    Lot size
    1.09 Acres

    We can help!

    Listing Contact
    David Townes
    Source: Moodyscre

    Listing Agent: David Townes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Space Available for Lease

    Retail space, located at 3000 Boardwalk, is now available for lease. The property offers 1440 square feet of space. Please contact us for further information.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    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
    -74.4496137
    Latitude
    39.3562879

    Nearby Similar for Lease

    • Contact for pricing

      Unique Retail Space in Atlantic City

      Two-story commercial space with Art Deco architecture in prime location.
      1931 Atlantic Ave, Atlantic City, NJ 08401
      View Details
    • $2,000 /Mo

      Renovated Corner Office Space Available

      Newly renovated office space in prime Atlantic City location.
      520 Pacific Ave, Atlantic City, NJ 08401
      View Details
    • $1,900 /Mo

      Prime Retail Space Near Boardwalk

      High-visibility storefront in a high-traffic Atlantic City location.
      1408 Atlantic Ave, Atlantic City, NJ 08401
      View Details
    • $1,200 /Mo

      Atlantic City Commercial Space ForRent

      Versatile commercial space near the beach and boardwalk in Atlantic City.
      2614 Pacific Ave, Atlantic City, NJ 08401
      View Details
    • $5,000 /Mo

      Atlantic City Commercial Property

      Prime commercial property in Atlantic City with high visibility.
      1626-30 Atlantic Ave, Atlantic City, NJ 08401
      View Details
    • $1,500 /Mo

      Retail Space in University District

      Corner retail unit in Atlantic City's University District.
      3317 Atlantic Ave, Atlantic City, NJ 08401
      View Details
    • Contact for pricing

      Ventnor Office/Professional Space for Lease

      Prime commercial office space in the heart of Ventnor City.
      6601 Ventnor Ave, Ventnor, NJ 08406
      View Details
    • $10,000 /Mo

      Ventnor Commercial Space For Rent

      New commercial building in Ventnor's North Beach, customizable for various ventures.
      5217 Ventnor Ave, Ventnor, NJ 08406
      View Details
    • $900 /Mo

      Ventnor Commercial Space For Rent

      Commercial space available for rent in a great location.
      6427 Ventnor Ave, Ventnor, NJ 08406
      View Details
    • $759,000

      Prime Commercial Condo Near Tropicana Casino

      Renovated 3,228 SF commercial condo in Atlantic City.
      2834 Atlantic C2, Atlantic City, NJ 08401
      View Details
    • $4,000 /Mo

      Prime Corner Retail Space Available

      Updated corner retail space in Ventnor's North Beach neighborhood.
      5201 Ventnor Ave, Ventnor, NJ 08406
      View Details
    • $2,000 /Mo

      Atlantic City Warehouse for Lease

      3,750 SF warehouse with private access in Atlantic City.
      19 N Virginia Ave, Atlantic City, NJ 08401
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available for lease at 3000 Boardwalk.
    Where is this retail space located?
    The property is located at 110 N Morris Ave Atlantic City, NJ.
    What are key features of this property?
    This property features: - Retail space available for lease.; - Located at 3000 Boardwalk.; - Contact for further information.
    (973) 829-4800
    Request Owner's contact information
    110 N Morris 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.
    110 N Morris 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 Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    110 N Morris 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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Townes
    (973) 829-4800
    Learn more
    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.