Property profile

535 Ocean Heights Ave Linwood, NJ 08244

OFF-MARKET
Land
77,537 SF 1.78 ac lot
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Property summary

AI-generated overview

This exceptional 1.78-acre commercial land parcel, totaling 77,537 square feet, presents a remarkable development opportunity in the thriving Somers Point, NJ market. Located at 535 W. Ocean Heights Ave, 08244, this single-tenant property is zoned GB and offers unparalleled visibility and accessibility. The site benefits from its strategic position between Bethel Road and Ocean Heights Avenue, placing it within close proximity to a high concentration of established businesses. Within a 0.10-mile radius, potential tenants will find themselves surrounded by a diverse range of national and regional brands, including Chick-fil-A, Wendy's, CVS, Wawa, Chipotle, Starbucks, ShopRite, Staples, Mavis Discount Tire, Acme, and McDonald's. This prime location ensures high traffic volume and strong consumer demographics, making it an attractive proposition for a variety of commercial ventures. The property's size and zoning provide ample flexibility for a range of development plans, catering to the needs of both large and small businesses. This is a rare opportunity to acquire a highly desirable commercial land parcel in a bustling retail corridor. Serious inquiries are encouraged to explore the potential of this exceptional investment.

Property profile

Verified
Property type Land
Total area 77,537 SF
Lot 1.78 ac (77,537 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

535 Ocean Heights Ave Linwood, NJ 08244
Linwood metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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