211 Colonial Avenue

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211 Colonial Avenue

Cape May Court House, NJ 08210
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • This commercial land offering spans 29.55 acres in total.
  • The property is positioned within the Cape May Court House area.
  • Large acreage allows for diverse commercial development and site planning.
  • Geographic location benefits from consistent regional and seasonal economic activity.
  • Coordinates for the parcel are identified as 39.0706, -74.8179.

What's Special

This 29.55-acre parcel located at 211 Colonial Avenue in Cape May Court House, New Jersey, presents a substantial development opportunity for commercial investors. Situated within the heart of Cape May County, the site provides significant acreage for large-scale projects in a region characterized by its coastal appeal and steady seasonal activity. The expansive footprint allows for a variety of potential commercial applications, ranging from retail developments to mixed-use hospitality or business park concepts that cater to both the local population and regional visitors. Proximity to primary local infrastructure supports accessibility for future operations. Given the scale of the land, developers have the flexibility to design a cohesive site plan that maximizes the available space. The surrounding area maintains a balance of professional services and recreational access, making this a viable location for buyers seeking to establish or expand a foothold in this growing South Jersey 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

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