Individually Owned Property summary
This exceptional redevelopment opportunity presents a 54,972 square foot, five-story building situated on a corner lot in Atlantic City, New Jersey. Originally constructed in 1927 as a Knights of Columbus Hall, this property boasts a rich history and stunning architectural details, including gorgeous exterior craftsmanship. Currently, the interior is gutted and ready for complete rehabilitation, offering a blank canvas for a variety of uses. Approved plans exist for 70 condos or a 99-unit… hotel, making this an ideal project for student housing, hotel/motel rooms, office space, or retail. The building features a new roof and windows, and its prime beach block location, just off the boardwalk, provides unparalleled access to Atlantic City's vibrant entertainment and leisure scene. The property is zoned RSC (Resort Commercial), offering significant flexibility for development. With 99 keys and a price of $63.67 per square foot, this $3,500,000 investment presents a unique chance to capitalize on Atlantic City's resurgence. The building has a full basement, concrete foundation, steel frame, and CMU and brick bearing walls. The property's location on Pacific Avenue offers convenient access to public transportation. This is a truly remarkable opportunity for a developer seeking a high-impact project in a prime location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 10,564 SF
- Lot area
- 0.23 ac
- Year built
- 1927
- Stories
- 5
- APN
- 02 00053-0000-00001
- Zoning
- RS-C
- Assessed value · 2023
- $325,000
- Annual tax · 2022
- $12,275
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
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 the present, the actual space required by casinos has increased almost ten-fold. Tod…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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