585 7th Street

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585 7th 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 available for acquisition in Avalon
  • Located at 585 7th Street within Cape May County
  • Site supports diverse retail or professional service development
  • Positioned in a high-demand coastal New Jersey submarket
  • Asset provides immediate development potential for commercial investors

What's Special

Avalon, New Jersey, serves as a prominent coastal destination within the Cape May County region, characterized by a seasonal tourism-driven economy and a stable base of year-round residents. This commercial land parcel at 585 7th Street provides a strategic foothold for investors looking to capitalize on the high demand for development in this beach community. The site benefits from its central positioning in a market where available ground for new construction remains limited. Given the commercial zoning designation, this property supports a variety of development paths, including retail storefronts, professional service offices, or mixed-use projects designed to serve the influx of visitors and locals alike. Developers seeking a project in a high-barrier-to-entry seaside market will find this location relevant due to its proximity to established businesses and municipal amenities. The property offers direct utility for firms looking to establish a permanent presence in a highly sought-after stretch of the Jersey Shore.

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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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