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1807-1829 Arctic Ave
Atlantic City, NJ 08401
Land For Sale
·
0.57 AC
EXECUTIVE SUMMARY
Highly desireable development opportunity in Atlantic City( Commercial Business District). This is an assemblage of 9 Lots
and 2 Alleys totaling +/- .57 Acres. The assemblage is controlled by a single owner
+ The property is located adjacent to the Tanger Outlets on Arctic Ave with 21k cars per day. This site is between Ohio and Indiana Avenues with the frontage on Arctic Avenue
+ The adjacent property has been approved for a 5 story mixed use development. The news article indicated the mixed use property would be developed in 2024/2025
+ Easy access to the Atlantic City Expressway entrance/exit, as well as the train station and bus terminals within walking distance
and 2 Alleys totaling +/- .57 Acres. The assemblage is controlled by a single owner
+ The property is located adjacent to the Tanger Outlets on Arctic Ave with 21k cars per day. This site is between Ohio and Indiana Avenues with the frontage on Arctic Avenue
+ The adjacent property has been approved for a 5 story mixed use development. The news article indicated the mixed use property would be developed in 2024/2025
+ Easy access to the Atlantic City Expressway entrance/exit, as well as the train station and bus terminals within walking distance
PROPERTY FACTS Under Contract
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.57 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | CBD | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.57 AC |
| Opportunity Zone |
Yes |
| Zoning | CBD |
1 LOT AVAILABLE
Lot See Below
| Price | $1,850,000 | Lot Size | 0.57 AC |
| Price Per AC | $3,245,614.04 |
| Price | $1,850,000 |
| Price Per AC | $3,245,614.04 |
| Lot Size | 0.57 AC |
Block 330, Lots 2,4,6,25,26,27,29
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $200,000 | Total Assessment | $200,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$200,000
Improvements Assessment
$0
Total Assessment
$200,000
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