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535 W. Ocean Heights Ave 1.55 Acres of Commercial Land Offered at $3,081,847 CAD in Somers Point, NJ 08244
Investment Highlights
- High Traffic Count
- Highway Exposure (situated between two highways)
- Flexible Zoning
- Strong Commercial Area and Dense Population
Executive Summary
Situated at a prominent intersection with dual frontage—approximately 465ft along Bethel Road and 247ft along Ocean Heights Ave—offering maximum exposure from both local and passing traffic. Directly across from Ocean Heights Plaza, anchored by ShopRite—a shopping center drawing over 3 million visitors annually.
High Traffic & Retail Synergy
With +/- 40,000 VPD, located within a well-established retail corridor with major national brands nearby: Chick-fil-A, Wendy’s, CVS, Wawa, Starbucks, Chipotle, Staples, Acme, McDonald’s, Mavis Discount Tire—boosting footfalls and enabling complementary tenant mix.
AC Market
+/- 20min drive from Atlantic City’s bustling center, this Somers Point parcel taps into a vibrant regional consumer base. Atlantic City’s residential market has seen median home values rise (up 4–15% YoY), with steady inventory and fast-moving sales cycles reflecting strong demand. This proximity ensures developers can capitalize on both commuter and visitor traffic, leveraging Atlantic City’s economic gravity without bearing downtown real estate premiums—making 535 Ocean Heights Ave a strategically located gateway to the Shore region’s most dynamic market.
Ocean City Market
Just 3 miles from the beaches of Ocean City, NJ, this site offers direct access to one of the most beloved coastal towns on the East Coast. Ocean City isn’t just a summer hotspot—it’s a year-round destination with a vibrant local community, top-rated schools, and consistent tourist activity even in off-peak months. With over 1 million annual visitors, Ocean City supports a robust service, retail, and hospitality economy. Its famous boardwalk, thriving small business scene, and family-friendly events drive foot traffic and business volume throughout the calendar year. For developers, the proximity to Ocean City means access to a steady flow of seasonal visitors and dependable year-round residents—offering dual market exposure and enhanced revenue potential.
Zoning Flexibility
Zoned GB (General Business)—permitting retail, fast food restaurants, professional offices, convenience stores, car washes, and more, offering versatility for a wide range of commercial developments.
Demographics & Market Dynamics
Dense population cluster with 73,000 residents within 5?miles, and average household income over $132K within 3?miles—indicative of strong consumer purchasing power.
Property Facts
| Price | $3,081,847 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.55 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | GB | ||
| Price | $3,081,847 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.55 AC |
| No. Stories | 1 |
| Zoning | GB |
1 Lot Available
Lot
| Price | $3,081,847 CAD | Lot Size | 1.55 AC |
| Price Per AC | $1,988,288.66 CAD |
| Price | $3,081,847 CAD |
| Price Per AC | $1,988,288.66 CAD |
| Lot Size | 1.55 AC |
+/-1.55 Acres situated at a prominent intersection with dual frontage—approximately 465?ft along Bethel Road and 247?ft along Ocean Heights Ave—offering maximum exposure from both local and passing traffic. Across the street from ShopRite center.
Description
+/-?1.78-acre corner parcel offers exceptional development potential, benefiting from constant traffic flow at a signalized intersection with two traffic lights. Featuring dual frontage along Ocean Heights Ave and Bethel Road, the site sits directly across from the high-performing ShopRite-anchored plaza, a major regional draw that speaks for itself in terms of daily foot traffic and brand synergy. With over 37,500 vehicles per day, national co-tenancy in the immediate area (including Chick-fil-A, Starbucks, Wawa, Wendy’s, and CVS), and GB zoning, the property is ideal for retail, QSR, medical office, or service-driven development. Strategically located just 18 miles from Atlantic City and 3 miles from Ocean City, the property offers developers access to two distinct economic hubs—AC’s year-round tourism and casino economy, and Ocean City’s upscale shore crowd. The surrounding trade area includes 73,000+ residents within 5 miles and an average household income over $132K within 3 miles, supporting strong purchasing power. Whether you’re building for national tenants, medical users, or retail pads, this site is a prime opportunity in one of southern New Jersey’s most active corridors.
Property Taxes
| Parcel Number | 21-00250-0000-00002 | Improvements Assessment | $168,337 CAD |
| Land Assessment | $551,308 CAD | Total Assessment | $719,646 CAD |
Property Taxes
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535 W. Ocean Heights Ave
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