801 Stockton Avenue

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801 Stockton Avenue

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 801 Stockton Avenue in Cape May
  • Asset classified as commercial land for sale in New Jersey
  • Strategically positioned within an active coastal tourism and retail submarket
  • Suitable for developers seeking to establish new commercial operations
  • Coordinates placed at 38.9319 latitude and -74.9170 longitude

What's Special

801 Stockton Avenue represents a commercial land parcel situated in Cape May, New Jersey. This site occupies a strategic position within the city, a coastal destination known for its historical architecture and consistent tourism demand. As an open plot of commercial land, the property provides a flexible foundation for developers looking to establish a footprint in this established regional market. The surrounding area supports a mix of hospitality and retail activities, making it well-suited for businesses aiming to capitalize on the local foot traffic and seasonal visitors. Investors and developers can evaluate the tract for various commercial applications that align with local zoning and the specific development potential of the Cape May submarket. The layout and location permit the creation of a facility tailored to long-term operational needs in a high-demand coastal environment.

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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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