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    2431 Fairmount Ave Atlantic City, NJ 08401

    Sponsored
    For Sale
    $378,000

    Prime Atlantic City Commercial Property

    Property size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 2431 Fairmount Avenue in Atlantic City, New Jersey, 08401, presents a unique investment opportunity. The 2,800 square foot building offers a versatile layout, currently configured as a warehouse and office space, ideal for a variety of uses. Features include a reception desk, ample space for indoor operations, and secure gated outdoor parking accommodating eight or more vehicles. This makes it particularly well-suited for businesses requiring storage, distribution, or fleet management capabilities. Its strategic location provides easy access to major transportation arteries, including the Atlantic City Expressway and the Brigantine Connector Tunnel, ensuring convenient logistics and accessibility for clients and employees. The building also includes essential amenities such as bathroom facilities and gas heating. The property's zoning allows for a range of commercial uses, making it an attractive option for entrepreneurs and investors seeking a well-located and functional space in a thriving Atlantic City market. The asking price is $378,000. This property is ready for immediate occupancy and offers significant potential for growth and return on investment.

    Property Features for 2431 Fairmount Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    2,800 SF

    HighLights

    • $378,000 asking price.
    • 2,800 square foot retail building on land in Atlantic City, NJ.
    • Auto shop/commercial use, suitable for contractor distribution center.
    • Features warehouse, office space, reception area, gated parking for 8+ vehicles, bathrooms, and gas heating.
    • Excellent location with easy access to Atlantic City Expressway and Brigantine Connector Tunnel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    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
    -74.4437403
    Latitude
    39.3595518

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    FAQs

    What type of property is this?
    Automotive property - Prime Atlantic City Commercial Property
    Where is this automotive property located?
    The property is located at 2431 Fairmount Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $378,000.
    What are key features of this property?
    This property features: $378,000 asking price.; 2,800 square foot retail building on land in Atlantic City, NJ.; Auto shop/commercial use, suitable for contractor distribution center.
    Request Owner's contact information
    2431 Fairmount 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
    2431 Fairmount Ave Atlantic City, NJ 08401
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