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Financial
Distress signals
Property profile

112 Park Pl Atlantic City, NJ 08401

OFF-MARKET
Office buildings
Property ID
US59-0444645
0.67 ac lot Built 1996
Last sale Mar 2014 · $2,989,800
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Atlantic City property, located at 112 Park Place (cross street: Pacific Ave), offers multiple office spaces within a historic building. The building, a three-story structure with elevators, features a total of 18,330 square feet of vacant space, divisible into units ranging from 3,130 to 11,900 contiguous square feet. The zoning is RS-C. The available space is suitable for executive and traditional office uses, as well as storefront retail. Amenities include a backup…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$120k
Tax billed · 2022
Assessed value · 2023$3.17M
Assessed land$590k
Assessed improvement$2.58M
Effective rate3.78%

Value estimate

· Oct 2026
$430k
$387k – $473k
AI approach$430k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$287/SF
County average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$146 – $425

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RS-C
When the RS-C zone was first implemented, the minimum lot area required for a casino was two (2) acres. While that remains unchanged to t...
General categoryCOMMERCIAL
JurisdictionATLANTIC

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply22.5
Auto Parts Store21.5
Realty agency19.7

Location

112 Park Pl Atlantic City, NJ 08401
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

17 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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