0 Ocean Ave, Somers Point, NJ 08244
This exceptional 1.78-acre commercial land parcel, located at 535 W. Ocean Avenue in Somers Point, New Jersey, presents a unique investment opportunity. Zoned for commercial use, this single-tenant property offers significant potential for development. The expansive lot provides ample space for a variety of commercial ventures, while the convenient location in Atlantic County ensures high visibility and accessibility. The property boasts 48 total parking spaces, addressing the needs of a substantial customer base. The address is 535 W. Ocean Ave, Somers Point, NJ 08244. This is a rare opportunity to acquire a sizable commercial land parcel in a thriving New Jersey coastal community. The property's size and location make it ideal for a range of commercial uses, from retail establishments to office spaces. With its strategic positioning and ample parking, this property is poised for success. The total building square footage is currently listed as 1 square foot, indicating the land is available for new construction. Serious inquiries are encouraged to explore the possibilities this prime location offers. The property is available for lease. The geographic coordinates are 39.3280324 latitude and -74.5880657 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.