805 Stockton Avenue

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805 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 situated in Cape May, New Jersey.
  • Located at the address of 805 Stockton Avenue.
  • Property features a strategic location for commercial development.
  • Positioned within a robust seasonal tourism-driven regional economy.
  • Suitable for various business types aligned with local zoning.

What's Special

805 Stockton Avenue represents a commercial land parcel positioned in the coastal municipality of Cape May, New Jersey. This site provides a strategic footprint for developers looking to establish a presence within a highly sought-after resort and tourism-driven economy. Given the local market demographics and the steady influx of seasonal visitors, the property is well-suited for a variety of commercial business ventures or professional use cases compatible with municipal zoning. Cape May remains a premier destination in the southern region of the state, known for its historic appeal and year-round economic activity. Investors and business owners will find this plot offers clear potential for future development in a well-established community with limited available land for new construction. The area benefits from regional connectivity and a demographic profile that supports diverse commercial operations, making this an actionable acquisition for those looking to expand their real estate portfolio in a mature seaside market.

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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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