521 Goshen Road

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521 Goshen Road

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 spans 37.12 acres total.
  • Property is situated in Cape May Court House.
  • Site offers significant development potential for diverse users.
  • Large footprint supports various large-scale commercial project types.
  • Asset occupies a strategic location in Cape May County.

What's Special

This 37.12-acre parcel of commercial land is currently available for purchase in Cape May Court House, New Jersey. The expansive site presents a significant development prospect for investors or businesses looking to establish a presence within this growing Cape May County submarket. Given the generous acreage and strategic zoning, the property is well-suited for a variety of commercial applications, ranging from large-scale retail or industrial development to specialized business operations requiring substantial footprint. The site benefits from its position in a region known for steady tourism and local economic activity, providing consistent connectivity to primary regional thoroughfares. Prospective buyers will find this land an adaptable canvas for projects necessitating significant ground area within a well-traversed corridor. Local infrastructure supports diverse land use possibilities, allowing for tailored development strategies that cater to the evolving needs of the southern New Jersey business landscape.

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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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