988 First Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

988 First Avenue

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, New Jersey.
  • Property situated at 988 First Avenue with strategic accessibility.
  • Suitable for various commercial retail or professional service developments.
  • Located within the established and popular coastal Avalon submarket.
  • Ideal asset for developers targeting regional tourism and local markets.

What's Special

Developing this commercial land parcel on First Avenue in Avalon presents a strategic position for investors looking to establish a footprint in this coastal New Jersey borough. The site allows for versatile commercial applications, catering to the needs of a seasonal tourism-driven economy and a stable year-round resident base. Its location serves as an entry point for businesses aiming to capitalize on the high pedestrian and vehicular traffic typical of regional shore communities. Investors and developers can evaluate the plot for various retail, service, or mixed-use projects designed to integrate into the established local streetscape. The coastal region continues to attract steady interest from commercial stakeholders seeking well-positioned sites. This property represents a functional asset for those prioritizing land acquisition in a desirable maritime submarket where available commercial square footage remains focused on specific corridors. Proper due diligence will help determine the full potential of this site for specific business ventures or long-term portfolio growth in the Avalon market.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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