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- LoopNet Team
4100 Atlantic Ave
Atlantic City, NJ 08401
4100 Atlantic Ave · Land For Sale · 2.90 AC
Investment Highlights
- Growing Commercial Submarket Creating Residential Demand
- Job Growth and Lifestyle Preferences create a compelling scenario to achieve success in development of the Property.
- The only oceanfront development site south of the University District
- Permits include: Redevelopment Agreement, Site Plan, PILOT and CAFRA
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 2.90 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.90 AC |
Description
Featured is the only oceanfront development site south of the University District able to capture demand drivers for new residential development. The site combines the attributes of adjacent labor and second-home buyers originating from the greater Philadelphia market looking for new state-of-the-art residential homes in a safe and secure oceanfront community. The Property was designed to include two (2) twelve story residential towers, providing 106 units over a three (3) story parking structure with space for 338 cars. Five (5) low-rise structures encircle the parking structure and provide an additional 54 units.
