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    OFF-MARKET
    Land

    535 Ocean Heights Ave, Linwood, NJ 08244

    Property ID
    Property summary
    AI-generated overview

    This exceptional 77,537 square foot commercial land parcel presents a remarkable development opportunity in the thriving Somers Point, New Jersey market. Located at 535 W. Ocean Heights Ave, in Atlantic County, this single-tenant property is zoned GB and offers unparalleled visibility and accessibility. The site boasts a highly desirable location, situated between Bethel Road and Ocean Heights Avenue, placing it within a short distance of numerous established businesses. This strategic positioning ensures high traffic volume and significant exposure to a dense customer base. Nearby co-tenants include nationally recognized brands such as Chick-fil-A, Wendy's, CVS, Wawa, Chipotle, Starbucks, ShopRite, Staples, Mavis Discount Tire, Acme, and McDonald's, creating a synergistic environment for potential development. The property's size and zoning provide flexibility for a wide range of commercial uses, making it an ideal investment for developers seeking a prime location in a rapidly growing area. This is a rare opportunity to acquire a substantial commercial lot in a high-demand location with exceptional visibility and proximity to major retailers. The property's strategic location and surrounding commercial activity make it an attractive proposition for businesses seeking high visibility and convenient access to a large customer base. Serious inquiries are encouraged to explore the potential of this exceptional commercial land offering.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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