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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, 08244, this property is zoned GB and boasts a highly desirable location between Bethel Road and Ocean Heights Avenue. The site's strategic position offers unparalleled visibility and accessibility, surrounded by a dense concentration of established businesses. Within a tenth of a mile radius, potential tenants will find themselves in close proximity to a variety of national retailers and restaurants, including Chick-fil-A, Wendy's, CVS, Wawa, Chipotle, Starbucks, ShopRite, Staples, Mavis Discount Tire, Acme, and McDonald's. This ensures high foot traffic and strong consumer demand, making it an ideal location for a wide range of commercial ventures. The asking price for this exceptional property is $2,250,000. This presents a unique chance to capitalize on the robust commercial activity in Somers Point and build a successful business in a prime location within Atlantic County, New Jersey. The substantial lot size provides ample space for a variety of development possibilities, catering to a diverse range of commercial needs. Don't miss this opportunity to acquire a highly sought-after commercial property in a thriving market.

    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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