5 Mechanic Street

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5 Mechanic Street

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 for sale in Cape May Court House
  • Strategic location in the county seat of Cape May County
  • Versatile site suitable for professional office or retail development
  • Situated within a central regional hub for government and services
  • Accessible positioning within a stable, growing suburban market

What's Special

This commercial land offering at 5 Mechanic Street in Cape May Court House, New Jersey, presents a strategic acquisition for investors or developers seeking a foothold in the Cape May County seat. The site is situated within a well-established professional and retail corridor, providing significant visibility and accessibility for a variety of commercial enterprises. Cape May Court House serves as a regional hub for local government, healthcare, and services, drawing consistent traffic from surrounding coastal communities throughout the year. The location is suited for developers planning professional office space, medical facilities, or retail storefronts that benefit from the area's steady population density and centralized regional position. The property topography and positioning allow for versatile site planning, making it a viable candidate for businesses looking to establish a permanent presence in a stable, growing suburban market within the southern New Jersey region. Prospective buyers will find this parcel well-positioned to support diverse commercial growth initiatives.

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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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