144 Rosemans Lane

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144 Rosemans Lane

Cape May, NJ 08204
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 located at 144 Rosemans Lane in Cape May.
  • Strategic site positioned for varied commercial development and business use.
  • Property situated within the high-traffic coastal tourism market of New Jersey.
  • Offers a foundation for investors seeking growth in this regional market.
  • Coordinates placed at 38.9476 latitude and -74.9115 longitude for identification.

What's Special

This commercial land offering at 144 Rosemans Lane in Cape May, New Jersey, presents a strategic acquisition for investors or developers focused on the coastal market. Positioned within a region known for its robust seasonal tourism and steady residential growth, the parcel serves as a versatile foundation for a variety of commercial business operations. The site benefits from its proximity to established municipal infrastructure in a popular vacation destination, making it well-suited for service-oriented ventures or retail projects catering to local residents and visitors alike. Developing this site provides an entry point into the dynamic Cape May submarket, where demand for well-located commercial space remains consistent. Prospective owners can explore options for business development that align with local zoning requirements and long-term economic trends in the area. With its accessible placement and utility potential, this land provides a practical canvas for professional real estate projects designed to support the ongoing commercial needs of the Cape May community.

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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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