391 20th Street

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391 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 391 20th Street in Avalon.
  • Property situated within the established Cape May County coastal region.
  • Strategic site suitable for diverse commercial development and professional use.
  • Positioned to capture seasonal demand in a prominent beach town.
  • Asset provides an accessible footprint for new construction projects.

What's Special

Avalon serves as a prominent coastal community within the Cape May County region, characterized by its steady seasonal activity and appeal to both visitors and residents. This commercial land site at 391 20th Street provides an accessible footprint for development in a high-demand beach destination. The property occupies a strategic position suited for various commercial ventures looking to establish a permanent presence within this popular shore town. Investors and developers can evaluate the parcel for projects aligned with local zoning and the surrounding commercial landscape. The proximity to the Atlantic coastline drives consistent foot traffic during peak months, supporting retail, professional services, or other commercial use cases that cater to the local population and vacationers alike. This offering presents a functional foundation for those looking to expand or diversify their portfolio in the Avalon market.

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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

Location & Travel Times