Shunpike (Lot 11.03) Road

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Shunpike (Lot 11.03) 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 available for purchase in Cape May Court House.
  • The total parcel size measures approximately 1.32 acres.
  • Located on Shunpike Road within a central commercial submarket.
  • Property is well-positioned for retail or professional office development.
  • Cape May County offers a blend of seasonal and permanent residents.

What's Special

This commercial land offering at Shunpike Road in Cape May Court House represents an acquisition prospect for developers or investors seeking a strategic footprint in a growing South Jersey market. The site spans 1.32 acres and serves as a viable candidate for various commercial build-to-suit projects. Its position within this coastal community provides accessibility to local infrastructure and major regional thoroughfares, supporting the potential for retail, service-oriented, or office developments. Cape May Court House functions as a central hub for the surrounding area, benefiting from steady seasonal traffic and a consistent year-round population base. The parcel layout allows for versatile site planning, making it suitable for businesses looking to establish a permanent presence in a prominent Cape May County location. Professional entities and owner-occupants should consider the long-term utility of this land as the regional economy continues to evolve.

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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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