79 S Route 47

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79 S Route 47

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).

  • The parcel is located in Cape May Court House, New Jersey.
  • This commercial land site is positioned at 79 S Route 47.
  • The property is situated at coordinates 39.0896, -74.8807.
  • The asset is classified as a commercial land offering.
  • The site supports development for various retail or commercial uses.

What's Special

Cape May Court House serves as a central hub within the Cape May County region, offering a strategic position for businesses seeking visibility along the main regional transit corridors. This commercial land site at 79 S Route 47 benefits from high exposure to commuter and tourist traffic moving through the peninsula. The geography of the area supports a mix of professional services, retail storefronts, and hospitality-related ventures that cater to both local residents and seasonal visitors. Investors and developers often look to this submarket for expansion projects that require accessible positioning and proximity to the Garden State Parkway. Given the commercial zoning designation, the parcel is well-suited for a variety of build-to-suit projects, including mixed-use developments or standalone retail centers. Owners can leverage the existing infrastructure of the surrounding business community to establish a functional presence in a stable coastal market known for its consistent economic activity and growth potential.

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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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