Atlantic City, NJ 08401 Atlantic City, NJ 08401
SINGLE_FAMILY - Atlantic City, NJ
- Added:
- Jun 23, 2026
- Days on Market:
- 18
- Last Refresh:
- Jul 10 at 10:06 pm
Property Features
General Information
- Property type
- Residential
- Property subtype
- Other
- Standard status
- Active
Listing agent Paula Hartman License #SP-9807299 (609) 271-7337
Listing office BHHS Fox & Roach Margate NJ
Listing date Jun 23, 2026
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 508 Atlantic Ave in Atlantic City, the building benefits from its street frontage on Atlantic Avenue. The site includes 40 parking spaces, a meaningful practical feature for customer and employee access and one of the standout differentiators described for this offering.
The configuration and parking support a range of business types, including retail, wholesale, and service-oriented enterprises, with the space also described as suitable for a corporate headquarters. For tenants and buyers looking for a single, open footprint created from a formerly segmented retail setup, this property provides a straightforward option to operate without relying on multiple smaller store layouts.
Key Highlights
- Over 10,000 sq ft of versatile retail/warehouse space on Atlantic Avenue
- Previously configured as 8 individual stores; converted to one large, open warehouse‑style layout
- Nearly 14,000 sq ft lot with 40 parking spaces
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $150.0k | $15.00 |
| − Vacancy | −$12.8k | −$1.28 |
| EGI | $137.3k | $13.73 |
| − OpEx | −$41.2k | −$4.12 |
| NOI | $96.1k | $9.61 |
Alternative Uses
Property Analytics
Current Use by Public Records
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