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    19 Mlk Jr Blvd Atlantic City, NJ

    For Sale
    $575,000

    Prime commercial land near Tanger Outlets and AtlantiCare Hospital.

    Lot size:
    0.75 Acres

    Property Features for 19 Mlk Jr Blvd

    General Information

    Lot size
    0.75 Acres

    Source: Vantage Commercial Agent Leor Hemo

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

    Overview

    Atlantic City Commercial Land Opportunity

    This property presents a rare opportunity in the heart of Atlantic City, situated one block from Tanger Outlets, AtlantiCare Hospital, and the Atlantic City Expressway. The site encompasses 15 North Dr. Martin Luther King Boulevard and 16 South Mount Vernon Boulevard. It is located within the CBD Central Business District, which is designed to preserve and enhance commercial, financial, retail, and similar activities and services vital to the existing central business district. This district is intended to accommodate a wider variety of commercial uses than any other district. The area is characterized by high land values, space limitations, and a focus on public convenience, justifying a greater intensity of use than in other commercial districts.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Atlantic City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.4408385
    Latitude
    39.3685196

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    FAQs

    What type of property is this?
    Land - Prime commercial land near Tanger Outlets and AtlantiCare Hospital.
    Where is this land located?
    The property is located at 19 Mlk Jr Blvd Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Atlantic City's Central Business District.; - Rare opportunity for development or investment.; - Proximity to Tanger Outlets, AtlantiCare Hospital, and the Atlantic City Expressway.
    (856) 797-1919
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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
    19 Mlk Jr Blvd Atlantic City, NJ
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