For Sale
$375,000

99 Mays Landing RdSomers Point, NJ 08244

1,000 SF Warehouse, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
116
This vacant, 1,000-square-foot industrial property at 99 Mays Landing Rd, Somers Point, NJ 08244, presents a compelling investment opportunity. The single-story, 1961-built building sits on a 15,080-square-foot lot and is classified as Class C. Priced at $375,000 ($375/sq ft), it offers a 10% cap rate. The property features one loading dock and two dock-high doors within a 780-square-foot garage (26'W x 30'L with 14' ceilings). The garage doors measure 10'W x 12'H. Three oil tanks (two 25,000-gallon and one 65,000-gallon, one not in service) and an oil loading deck are also present. The property is zoned HC-1 (Highway Commercial-One District), allowing for diverse uses including retail, restaurants, offices, banks, personal service establishments, minor repair operations, and more, subject to zoning regulations. This high-traffic location near the Garden State Parkway offers excellent visibility and accessibility. The property's flexible zoning and existing infrastructure make it suitable for a variety of commercial ventures. The building is currently vacant, providing immediate occupancy for the new owner. This is a rare opportunity to acquire a well-located industrial property with significant potential for redevelopment or repurposing.

Highlights

  • 1,000 sq ft vacant industrial building on a 15,080 sq ft lot in Somers Point, NJ.
  • Class C, 1961 construction, priced at $375,000 ($375/sq ft), offering a 10% cap rate.
  • Features a 780 sq ft garage with one loading dock and two 10'W x 12'H dock-high doors.
  • Includes three oil tanks (two 25,000-gallon, one 65,000-gallon, one inactive) and an oil loading deck.
  • HC-1 zoning allows for diverse commercial uses, including retail, restaurants, and offices, in a high-traffic location near the Garden State Parkway.

Property Details for 99 Mays Landing Rd

Property type
Warehouses, Industrial properties
Square Feet
1,000 SF
Class
C
Year Built
1961
Buildings
1
Stories
1
Units
1

Location Insight

City
Somers Point
County
Atlantic
State
New Jersey
Latitude
39.314151204459
Longitude
-74.619925184853
99 Mays Landing Rd, Somers Point, New Jersey

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99 Mays Landing Rd
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