31 E Atlantic Avenue

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31 E Atlantic Avenue

Cape May Court House, NJ 08210
Asking Price
$180K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel located in Cape May Court House, New Jersey.
  • Strategic position within the primary administrative hub of Cape May County.
  • The asking price for this development site is 179900 dollars.
  • Versatile commercial zoning suitable for diverse business and development applications.
  • Property features strong connectivity to regional transit and coastal corridors.

What's Special

Cape May Court House serves as the administrative and commercial hub of Cape May County, providing a central location for regional business activity in Southern New Jersey. This commercial land parcel at 31 E Atlantic Avenue benefits from proximity to key local infrastructure and the steady flow of traffic moving through the peninsula. As a growing area that balances residential development with expanding commercial service sectors, the property is positioned to capture demand from both local residents and seasonal visitors. The site layout and zoning accommodate a variety of commercial enterprise applications, making it a functional choice for developers or business owners looking to establish a footprint in this established submarket. The surrounding professional environment benefits from consistent regional connectivity via major coastal thoroughfares, facilitating accessibility for logistics, retail, or service-oriented operations.

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NOI
$80,000
Cap Rate
44.47%
DSCR
7.49
Strong
Cash-on-Cash
128.44%
Monthly Payment
$890.047
Annual Cash Flow
$69,319.435

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