24 Church Street

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24 Church Street

Cape May Court House, NJ 08210
Asking Price
$495K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel available for sale in Cape May Court House
  • Strategic location at 24 Church Street in New Jersey
  • Acquisition price for the commercial property is set at 495000
  • Suitable site for diverse commercial development and business use cases
  • Positioned within a stable and growing suburban regional market

What's Special

Development opportunities at 24 Church Street in Cape May Court House present a strategic acquisition for commercial land investors. This property is situated within a growing suburban market in New Jersey, benefiting from the regional economic activity associated with the Cape May peninsula. The site offers flexibility for various commercial applications, making it suitable for professional offices, retail footprints, or service-oriented business models that require high-visibility positioning in this region. Investors looking to capitalize on land holdings will find this parcel serves as a functional foundation for future construction projects. Given the commercial classification, the plot aligns with modern development standards for operators seeking to establish a foothold in a steady submarket. The surrounding area supports a consistent population base, providing the necessary density to sustain local commerce and business operations.

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NOI
$80,000
Cap Rate
16.16%
DSCR
2.72
Strong
Cash-on-Cash
34.08%
Monthly Payment
$2,448.99
Annual Cash Flow
$50,612.121

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