Property profile

919 Atlantic Ave Atlantic City, NJ 08401

OFF-MARKET
Commercial real estate
Property ID
US59-1171174
11,152 SF 0.11 ac lot Built 1920
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,000 square foot retail space is located on the 900 block of Atlantic Avenue in Atlantic City, New Jersey, between Virginia and Maryland Avenues. Situated within a larger building totaling 11,152 square feet, this storefront offers a clean and quiet environment, ideally positioned near the entrance to the Hard Rock Hotel & Casino and the new Island Water Park. The space boasts excellent visibility with two large display windows and prominent signage opportunities above the entrance facing Atlantic Avenue. This is a single-story space within a three-story building. The property is zoned CBD (Central Business District) in Atlantic County and offers street parking. The monthly rent is $1,850, plus utilities. This move-in ready space presents a fantastic opportunity for businesses seeking high visibility and convenient access to major attractions. The space is part of a multi-tenant building. This listing is for 1,000 square feet, the minimum divisible space available.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction BRICK
Total area 11,152 SF
Lot 0.11 ac (5,001 SF)
Zoning code CBD
APN 02 00301-0000-00063
UPID US59-1171174

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • High School

Location

919 Atlantic Ave Atlantic City, NJ 08401-7400
Atlantic City metro Census 2500 ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$1.40M

Owner & transaction history

since 2023
Last sale
$1.1M
5 recorded transactions
2023
$1.1M
2012
$350,000
2005
$1
2004
$230,000
1969
Price N/A

Zoning & alternative use

CBD · Atlantic City, NJ
Zoning description

8. The Expansion of the Central Business District (CBD) to Accurately Reflect the Newly Proposed Land Uses Near Fairmount Avenue and Mississippi Avenue The area of the City southwest of the Atlantic City Expressway entra…

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $1.5M +19.2%

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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