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    Atlantic City Warehouse For Lease Title is generated by Realmo AI

    19 N Virginia Ave, Atlantic City, NJ 08401

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    For Lease
    $2,000/Mo $6 SF/Yr (calc)

    COMMERCIAL - Atlantic City, NJ

    Property size:
    3,750 SF
    Added:
    Nov 20, 2025
    Days on Market:
    182
    Last Refresh:
    May 21 at 11:06 pm

    Property Features for 19 N Virginia Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Interior features
    Storage
    Standard status
    Active
    Size
    3,750 SF

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2762

    Building Details

    Flooring type
    Concrete
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Austin Dillon

    Listing agent Austin Dillon License #2294178

    Listing office MARCHESE REAL ESTATE, LLC 9412 VENTNOR AVE SUITE 4, MARGATE, NJ

    Listing date Nov 20, 2025

    MLS# 602528

    Copyright © 2026 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.

    HighLights

    • Prime 3,750 SF warehouse space ideal for contractors, logistics, e‑commerce fulfillment, storage, or light industrial users.
    • Unique flag‑shaped lot with private driveway/access road offering outstanding privacy and easy truck maneuverability.
    • Conveniently located minutes from the Atlantic City Expressway, White Horse Pike, and all major corridors.
    • Clear‑span interior with high ceilings and bright industrial lighting.
    • Oversized garage door for easy loading and unloading.
    • Generous unpaved parking area for employees or fleet vehicles.

    Overview

    A 3,750 SF warehouse is available for lease at 19 N Virginia Ave in Atlantic City, NJ. The property is situated on a flag-shaped lot that includes a private driveway, offering privacy and truck maneuverability. The warehouse features a clear-span interior with high ceilings, one oversized garage door, bright industrial lighting, and a generous unpaved parking area suitable for employees or fleet vehicles. It is ideal for contractors, logistics, e-commerce fulfillment, storage, or light industrial uses. The location provides convenient access to the Atlantic City Expressway, White Horse Pike, and other major corridors. Immediate occupancy is available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tennants Daycare Daycare Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Crda Visitor Services Warehouse — Atlantic City, NJ 08401

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.4233623
    Latitude
    39.364808

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    FAQs

    What type of property is this?
    Warehouse - 3,750 SF warehouse with private access in Atlantic City.
    Where is this warehouse located?
    The property is located at 19 N Virginia Ave Atlantic City, NJ.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: Prime 3,750 SF warehouse space ideal for contractors, logistics, e‑commerce fulfillment, storage, or light industrial users.; Unique flag‑shaped lot with private driveway/access road offering outstanding privacy and easy truck maneuverability.; Conveniently located minutes from the Atlantic City Expressway, White Horse Pike, and all major corridors.
    (856) 430-4766
    We can help!
    Listing Contact
    Austin Dillon
    Real Estate License ID: 2294178
    Learn More
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    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
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