2109 Dune Drive - Unit 2 & 3

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2109 Dune Drive - Unit 2 & 3

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 2109 Dune Drive in Avalon.
  • Property includes both Unit 2 and Unit 3 for development.
  • Strategic site positioned within a prominent New Jersey coastal submarket.
  • Suitable for investors or developers targeting the local retail sector.
  • Positioned in a high-traffic area ideal for commercial service businesses.

What's Special

This commercial land offering at 2109 Dune Drive in Avalon, New Jersey, presents a strategic acquisition for investors or developers seeking to establish a presence in this coastal market. The site comprises Unit 2 and Unit 3, providing a footprint suitable for various commercial applications. Avalon remains a sought-after destination within the Jersey Shore region, characterized by consistent seasonal tourism and a stable local economy that supports retail and service-based ventures. Buyers evaluating this parcel may consider ground-up development projects that align with regional zoning and market demand in Cape May County. The location benefits from high visibility along a key corridor, making it a functional choice for businesses aiming to capture both year-round residents and summer visitors. With its coastal orientation, the property serves as a viable asset for those looking to expand or consolidate their commercial real estate holdings in a prime beach community.

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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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