119 S Kingston Avenue

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119 S Kingston Avenue

Atlantic City, NJ 08401
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel available for sale in Atlantic City
  • Strategically located site at 119 S Kingston Avenue
  • Suitable for a variety of commercial business developments
  • Positioned within the active Atlantic City coastal market
  • Development potential for investors and commercial real estate buyers

What's Special

This commercial land parcel at 119 S Kingston Avenue presents a development opportunity in the Atlantic City market. Situated within the city limits of Atlantic City, New Jersey, the site provides a strategic position for investors or developers seeking to capitalize on a coastal urban environment known for its tourism, gaming, and hospitality economy. The location serves as a foundation for various commercial ventures, ranging from retail storefronts to service-oriented business operations that require proximity to the local population and seasonal visitors. Atlantic City continues to function as a significant economic engine for the region, supported by established infrastructure and a consistent flow of traffic throughout the year. This asset is suited for parties looking to execute a ground-up development project or expand an existing portfolio footprint in a high-visibility submarket. Proper due diligence regarding zoning and specific regional regulations will confirm the highest and best use for this site, which remains available for purchase to qualified buyers interested in active commercial real estate development.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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