Property profile

39 Iowa Ave Atlantic City, NJ 08401

OFF-MARKET
Retail properties & Spaces
Property ID
US59-1994527
2,695 SF 0.12 ac lot Built 1960
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group NURSERY, GREENHOUSE, FLORIST
Year built 1960
Total area 2,695 SF
Lot 0.12 ac (5,249 SF)
Zoning code NC-1
APN 02 00272-0000-00002
UPID US59-1994527

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

39 Iowa Ave Atlantic City, NJ 08401
Atlantic City metro Census 500 ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2017
7 recorded transactions
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NC-1 · Atlantic City, NJ
Zoning description

The Neighborhood Commercial 1 (NC-1) Zoning District located along Ventnor Avenue between Trenton Avenue and Windsor Avenue has created a very vibrant and viable neighborhood commercial district in this area that serves…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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