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 available for sale in Cape May Court House.
  • Strategic location in the county seat of Cape May County.
  • Site supports diverse commercial development including office or retail uses.
  • Positioned within a central hub serving the surrounding regional market.

What's Special

Commercial development potential defines this land parcel situated at 5 Mechanic Street in Cape May Court House, New Jersey. The site provides a strategic footprint for businesses looking to establish a presence within the growing regional economy of Cape May County. Given the surrounding commercial landscape, the location is well-suited for professional offices, retail storefronts, or service-oriented enterprises that benefit from proximity to local government centers and community services. Cape May Court House functions as a central hub for the area, balancing seasonal tourism dynamics with a steady year-round population. Investors and developers can leverage this site to create functional space tailored to the specific needs of the local market. The property allows for a variety of commercial site plans depending on institutional or private requirements. Its position within the county seat ensures consistent visibility and accessibility for clients and customers navigating the region via main transit corridors.

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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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