and Rt. 30 Jimmie Leeds RdAbsecon, NJ 08205

  • Other commercial real estate
  • 5.09 AC
For Sale
$1,650,000 View listing

Property Details for and Rt. 30 Jimmie Leeds Rd

Year built
1988
Lot size
5.09 AC
Zone code
PO
Property type
Other commercial real estate
APN
11 00866- 01-00003
APU
11008660100003

Description

This exceptional 13.25-acre commercial land parcel presents a unique investment opportunity in Galloway Township, New Jersey. Strategically located at the intersection of Jimmie Leeds Road and Route 30 (White Horse Pike), this HC-2 zoned property boasts unparalleled visibility and accessibility. Its prime location offers significant advantages, situated directly across from a CVS and a soon-to-be-completed senior housing complex, ensuring high traffic volume and strong potential for future development. The property's proximity to key amenities further enhances its appeal. It's just minutes from the Galloway Town Center and AtlantiCare Regional Mainland Hospital, providing convenient access to essential services and a large consumer base. Furthermore, its location offers easy access to major transportation arteries, including the Atlantic City Expressway and the Garden State Parkway, and is approximately five miles from Atlantic City International Airport. All utilities are readily available on-site, simplifying development plans. Owned by Ole Hansen and Sons, Inc., this 13.25-acre tract is offered at $1,650,000 and represents a compelling opportunity for developers seeking a high-impact commercial location in a thriving area of Atlantic County. The property's high visibility, convenient location, and access to essential utilities make it an ideal site for a wide range of commercial ventures.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $78,254,448
    Hospitality
    $71,680,656
    Educational
    $59,637,464
    Medical
    $61,688,488
    Retail
    $92,769,392
and Rt. 30 Jimmie Leeds Rd, Absecon, New Jersey

Location Insight

City
Galloway
County
Atlantic
State
New Jersey
Latitude
39.4739
Longitude
-74.5345
CBSA code
12100
CBSA name
ATLANTIC CITY, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$18,544
$410,000
$167,500
$577,500
-
$410,000
$167,500
$577,500

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