Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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