Shunpike (Lot 11.02) Road

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Shunpike (Lot 11.02) 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).

  • The property features a total land area of 1.32 acres.
  • This commercial site is located in Cape May Court House.
  • The parcel is situated directly on Shunpike Road in New Jersey.
  • Development potential exists for diverse commercial and business use cases.
  • Cape May Court House serves as a regional municipal and retail hub.

What's Special

This 1.32-acre parcel of commercial land is positioned on Shunpike Road in Cape May Court House, New Jersey. The site provides a development footprint suitable for various commercial applications within the local market. Cape May Court House serves as the county seat of Cape May County, maintaining a steady economic base supported by government services, healthcare, and retail sectors. The surrounding region benefits from proximity to major regional transit corridors, facilitating access for both local residents and seasonal visitors drawn to the southern Jersey Shore area. Investors and developers can evaluate this property for business ventures requiring strategic placement near municipal hubs. The land's current zoning classification supports a range of commercial uses, allowing for project flexibility based on operational needs. As the region continues to experience demand for localized commercial infrastructure, this site represents a functional asset for stakeholders looking to secure space in a well-established submarket.

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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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