99 Mays Landing Rd Somers Point, NJ 08244

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.