319 S Route 47

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319 S Route 47

Cape May Court House, NJ 08219
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Located at 319 S Route 47 in Cape May Court House.
  • Property features 3.94 acres of prime commercial land.
  • Positioned along a major regional arterial highway corridor.
  • Site offers significant potential for various commercial development projects.
  • Centrally located to serve the broader Cape May County market.

What's Special

Cape May Court House serves as the primary hub for Cape May County, benefiting from steady regional traffic moving toward the popular coastal resort towns. This 3.94-acre commercial land parcel sits along the South Route 47 corridor, providing visibility and access within a key arterial thoroughfare for the local market. The site offers significant potential for a variety of commercial developments designed to capture the high seasonal and year-round volume passing through this central New Jersey location. Investors and developers will find this acreage suitable for retail, service-oriented businesses, or specialized commercial infrastructure that caters to both the permanent population and the influx of visitors throughout the summer months. The regional layout supports businesses requiring convenient transit access and space for substantial site footprints. As a growing hub, the municipality continues to see demand for functional commercial space, making this lot a strategic acquisition for those looking to establish a presence within the heart of the Cape May peninsula.

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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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