2101 Ocean Drive

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2101 Ocean Drive

Avalon, NJ 08202
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 located at 2101 Ocean Drive in Avalon.
  • Strategic position within an established and highly desirable coastal market.
  • Prime accessibility along a major thoroughfare for maximum visibility.
  • Suitable for a variety of potential commercial development projects.
  • Located in a region characterized by consistent seasonal visitor traffic.

What's Special

This commercial land parcel sits at 2101 Ocean Drive in Avalon, New Jersey. The property occupies a strategic location within this coastal community, which maintains a consistent draw for seasonal tourism and local commerce throughout the year. Avalon continues to benefit from its established reputation as a primary destination along the Jersey Shore, characterized by high barriers to entry and a robust appetite for development projects that cater to both residents and visitors. Prospective buyers can evaluate this site for various commercial applications permitted under current zoning. The accessibility provided by its position along Ocean Drive ensures visibility and connectivity within the submarket. Given the density and historical demand for retail and service-oriented spaces in this region, the site presents a practical foundation for development. Investors and developers familiar with the Atlantic County market will recognize the potential for a venture aligned with the area's ongoing commercial activity.

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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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