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Property profile & analytics
OFF-MARKET Estimated value $2,115,000
Commercial real estate

30 Jimmie Leeds Rd Galloway, NJ 08205-9401

5.09 ac lot Built 1988
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-0852342
Property summary
AI-generated overview

This exceptional 13.25-acre commercial land parcel presents a unique investment opportunity in Galloway Township, New Jersey. Strategically located at the intersection of Jimmie Leeds Road and Route 30 (White Horse Pike), this HC-2 zoned property boasts unparalleled visibility and accessibility. Its prime location offers significant advantages, situated directly across from a CVS and a soon-to-be-completed senior housing complex, ensuring high traffic volume and strong potential for future development. The property's proximity to key amenities further enhances its appeal. It's just minutes from the Galloway Town Center and AtlantiCare Regional Mainland Hospital, providing convenient access to essential services and a large consumer base. Furthermore, its location offers easy access to major transportation arteries, including the Atlantic City Expressway and the Garden State Parkway, and is approximately five miles from Atlantic City International Airport. All utilities are readily available on-site, simplifying development plans. Owned by Ole Hansen and Sons, Inc., this 13.25-acre tract is offered at $1,650,000 and represents a compelling opportunity for developers seeking a high-impact commercial location in a thriving area of Atlantic County. The property's high visibility, convenient location, and access to essential utilities make it an ideal site for a wide range of commercial ventures.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1988
Lot 5.09 ac (221,577 SF)
Zoning code PO
APN 11 00866- 01-00003
UPID US59-0852342
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
Current use
Occupant on record · Public records
  • Dr. Benedict E. Asiegbu, MD Pediatrician Medical Clinic
  • Dr. Hemant J. Desai, MD Pediatrician Medical Clinic
  • Boca Recovery Center - New Jersey Drug & Alcohol Rehab Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.12M
Owner & transaction history
The Shore Detox Holdings LLC · 3 yrs held
The Shore Detox Holdings LLC
since 2023
Last sale
$1.9M
1 recorded transaction
2023
$1.9M
Zoning & alternative use
PO · Galloway, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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