150 64th Street

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150 64th Street

Avalon, NJ 08202-1230
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 site located at 150 64th Street in Avalon.
  • Property situated within a high-demand New Jersey coastal market.
  • Strategic position suitable for various commercial development use cases.
  • Site benefits from proximity to established regional tourism infrastructure.
  • Commercial asset type offering development potential for investors.

What's Special

Avalon is a prominent coastal community located along the Jersey Shore, characterized by its seasonal tourism economy and high-end residential market. This commercial land site at 150 64th Street presents a development opportunity in a region known for steady demand and consistent visitor traffic throughout the warmer months. The location benefits from the area's established infrastructure and proximity to popular beaches, retail corridors, and hospitality hubs along the barrier island. Given the commercial designation, the parcel is well-positioned for businesses looking to establish a presence within this sought-after municipal landscape. The site size and zoning provide flexibility for potential projects tailored to the needs of local residents and vacationers, such as boutique retail space, professional service offices, or other commercial developments that align with the character of Avalon.

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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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