414 Garden State Parkway

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414 Garden State Parkway

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).

  • Commercial land parcel spanning 4.59 acres
  • Located at 414 Garden State Parkway
  • Situated in Cape May Court House, New Jersey
  • Positioned for high visibility with highway access
  • Suitable for various long-term commercial developments

What's Special

This 4.59-acre commercial land parcel sits along the Garden State Parkway in Cape May Court House, New Jersey. The property provides a significant footprint for development within a region characterized by seasonal tourism and a consistent local residential population. Its proximity to major transit arteries allows for efficient access across the southern New Jersey peninsula, making it a viable candidate for various commercial enterprise needs. Investors and business owners may consider this site for projects requiring substantial acreage in a high-visibility corridor. The expansive nature of the lot supports flexible site planning for operations that benefit from highway exposure or proximity to the Cape May County seat. As the area continues to serve both permanent residents and summer visitors, this land serves as a strategic asset for long-term commercial growth or specific business infrastructure development.

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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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