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 available for sale in Cape May
  • Located at 805 Stockton Avenue in New Jersey
  • Asset category is categorized as commercial land
  • Strategically positioned within a prominent coastal resort market
  • Ideal location for retail or service-oriented business developments

What's Special

Development of a commercial project at 805 Stockton Avenue presents a strategic path toward establishing a presence in Cape May. This commercial land offering serves as a blank canvas for investors or business owners looking to capitalize on the unique economic climate of this coastal destination. Given the regional emphasis on tourism and seasonal hospitality, the site provides potential for ventures ranging from retail storefronts to service-oriented business models that support the local population and seasonal visitors alike. Situated within Cape May, the property benefits from the inherent draw of a historic and well-trafficked resort city. Prospective buyers have the opportunity to design and execute a project tailored to the specific demands of this market, leveraging the visibility and accessibility that this specific parcel provides. Careful site planning could yield a functional commercial asset that aligns with the character of the surrounding area while serving as a long-term investment in the Southern New Jersey commercial landscape.

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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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