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    OFF-MARKET
    Land

    535 Ocean Heights Ave, Linwood, NJ 08244

    77,537 SF 1.78 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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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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