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Grace Oil 99 Mays Landing road

1,000 SF Industrial Building Somers Point, NJ 08244 $375,000 ($375/SF)

Investment Highlights

  • High Traffic Location
  • Easy Access
  • Flexible Zoning

Executive Summary

Good opportunity with this former oil distribution facility located near the Garden State Parkway. This 130 X 116 property consists of 3 Oil Tanks (two 25,000-gallon tanks in service and one 65,000-gallon tank not in service), an oil loading deck, and a 2-door 780 s.f. garage.
Garage dimensions are as follows: (garage doors measure 10’ W X 12’ H). (garage measures 26’ W X 30’ L (780 s.f.) with 14’ ceiling).
Located in the flexible HC-1 Zone (Highway Commercial-One District).

Property Facts

Price $375,000
Price Per SF $375
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Repair
  • Industrial Distribution
  • Industrial Truck Terminal
Building Class C
Rentable Building Area 1,000 SF
No. Stories 1
Year Built 1972
Tenancy Single
No. Dock-High Doors/Loading 1
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-01945-0000-00001
Land Assessment
$150,800
Improvements Assessment
$40,700
Total Assessment
$191,500

zoning

Zoning Code HC-1 (The purpose of the Highway Commercial-One District is to encourage major commercial concentration with easy highway access, with sufficient controls.)
HC-1 (The purpose of the Highway Commercial-One District is to encourage major commercial concentration with easy highway access, with sufficient controls.)
  • Listing ID: 31195595

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 99 Mays Landing road, Somers Point, NJ 08244

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