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    1829 Arctic Ave Atlantic City, NJ 08401

    For Sale
    $1,850,000

    Prime commercial land assemblage near Tanger Outlets, Atlantic City.

    Lot size:
    0.57 Acres

    Property Features for 1829 Arctic Ave

    General Information

    Lot size
    0.57 Acres

    Source: Vantage Commercial Agent Ken Richardson

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

    Overview

    Atlantic City Development Opportunity

    This is a development opportunity in Atlantic City's Commercial Business District, consisting of an assemblage of 9 lots and 2 alleys controlled by a single owner, totaling approximately 0.57 acres. The property is located adjacent to the Tanger Outlets on Arctic Avenue, which sees approximately 21,000 cars per day. Situated between Ohio and Indiana Avenues with frontage on Arctic Avenue, the site offers easy access to the Atlantic City Expressway entrance/exit, as well as the train station and bus terminals within walking distance. The adjacent property has been approved for a 5-story mixed-use development, with news articles indicating development in 2024/2025.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    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
    -74.4353567
    Latitude
    39.3612622

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land assemblage near Tanger Outlets, Atlantic City.
    Where is this commercial land located?
    The property is located at 1829 Arctic Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Prime development opportunity: Assemblage of 9 lots and 2 alleys totaling +\/- .57 acres in Atlantic City's Commercial Business District, controlled by a single owner.; - High-traffic location: Adjacent to Tanger Outlets on Arctic Ave with 21k cars per day.; - Approved adjacent development: Located next to a property approved for a 5-story mixed-use development.
    (609) 346-0512
    Request Owner's contact information
    1829 Arctic Ave Atlantic City, NJ 08401
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    Atlantic City, NJ 08401
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    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
    1829 Arctic Ave Atlantic City, NJ 08401
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