1066 Route 83

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1066 Route 83

Clermont, NJ 08210
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 Clermont
  • Strategically positioned on Route 83 in Cape May County
  • Site suitable for various commercial or retail development projects
  • Located within a growing southern New Jersey coastal submarket
  • Parcel offers significant frontage along a primary local thoroughfare

What's Special

Clermont serves as a growing coastal submarket within Cape May County, providing essential connectivity between regional hubs and local shore communities. Route 83 acts as a key thoroughfare for residents and visitors traveling through the southern New Jersey landscape. This commercial land parcel at 1066 Route 83 represents an asset for developers or investors looking to establish a presence in this specific corridor. The site accommodates various commercial development possibilities, ranging from retail service centers to professional office space or specialized operations aligned with local demand. Proximity to major regional arteries supports accessible logistics and visibility for potential business ventures seeking to capitalize on the steady traffic flow within the Clermont area. Owners gain a strategic position to support the expanding needs of the local economy while leveraging the existing commercial infrastructure of the Cape May region.

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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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