371 20th Street

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371 20th Street

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 371 20th Street in Avalon.
  • Property situated in the 08202 zip code of New Jersey.
  • Site supports various commercial development and business use cases.
  • Strategic location within a prominent coastal tourist destination market.
  • Asset offers potential for retail or service-oriented business establishment.

What's Special

Development of a commercial project is supported by this parcel located at 371 20th Street in Avalon, New Jersey. This land asset provides a strategic footprint within the 08202 zip code, a coastal market that experiences seasonal tourism and consistent demand for local services. The site offers flexibility for investors or business owners looking to establish a physical presence in a popular shore community. Positioned within the established infrastructure of Avalon, the property benefits from the regional connectivity of the South Jersey coastline. Its commercial designation allows for a variety of site plans suitable for retail, office, or service-oriented businesses aiming to capture both year-round residents and summer visitors. Investors will find this a pragmatic addition to a portfolio focused on coastal real estate and land holdings in growing suburban markets.

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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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