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    803 Gatehouse Dr Absecon, NJ 08205

    For Sale
    $119,900

    Build your dream commercial project in Absecon, NJ.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.17-acre commercial lot, located at 803 Gatehouse Drive in Galloway, New Jersey (zip code 08205), presents a unique opportunity for development. Situated within Atlantic County, this property boasts a prime location in the Irongate Luxury Home Development, offering a desirable setting with the added benefit of a private cul-de-sac street. The lot's zoning is currently designated as Residential, presenting potential for various commercial uses subject to necessary approvals and permits. The asking price for this expansive parcel is $119,900. Given its size and location within an established luxury residential development, this land offers significant potential for a variety of commercial ventures. The property's coordinates are 39.4728755 latitude and -74.4642861 longitude. Prospective buyers are encouraged to conduct their own due diligence regarding zoning regulations and permitted uses before making a purchase decision. This is a rare opportunity to acquire a substantial piece of land in a highly sought-after area, ideal for those seeking to establish a new commercial enterprise. The address is clearly identified as 803 Gatehouse Dr, Absecon, NJ.

    Property Features for 803 Gatehouse Dr

    General Information

    Property type
    Land
    Lot Size
    50,965 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Absecon
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.4642861
    Latitude
    39.4728755

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    FAQs

    What type of property is this?
    Land - Build your dream commercial project in Absecon, NJ.
    Where is this land located?
    The property is located at 803 Gatehouse Dr Absecon, NJ.
    What is the asking price?
    The asking price for this property is $119,900.
    Request Owner's contact information
    803 Gatehouse Dr Absecon, NJ 08205
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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
    803 Gatehouse Dr Absecon, NJ 08205
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