315 Ocean Street

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315 Ocean Street

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 available for acquisition in Cape May
  • Strategically positioned near high-traffic coastal tourism corridors
  • Suitable for a range of viable commercial business developments
  • Located within the established 08204 zip code area
  • Accessible site ready for professional investment analysis

What's Special

Development of this commercial land parcel at 315 Ocean Street provides an entry point into the Cape May market. Situated in a coastal New Jersey municipality known for its significant seasonal tourism and historic character, this site offers potential for a variety of commercial applications that serve the local population and regional visitors. The location benefits from the steady economic activity inherent to a popular seaside destination. Investors and business owners can evaluate this acreage for diverse projects aligned with regional zoning requirements. The site footprint provides flexibility for those looking to establish a footprint in this established corridor. As Cape May remains a focal point for hospitality and retail trade in South Jersey, this offering represents a functional acquisition for entities seeking to leverage the high visibility of the area.

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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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