1024 Shunpike Road

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1024 Shunpike Road

Cold Spring, NJ 08204-4126
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 spanning 6.32 acres in Cold Spring, New Jersey.
  • Property is situated at 1024 Shunpike Road with accessible topography.
  • Asset provides substantial area for diverse commercial development projects.
  • Located within a growing suburban submarket near the Cape May peninsula.
  • Versatile site suitable for retail or business operation development.

What's Special

This 6.32-acre commercial land parcel occupies a strategic position in Cold Spring, New Jersey. The site provides ample space for development in a region defined by its proximity to the Cape May peninsula and consistent regional tourism activity. Investors and developers can consider a variety of commercial applications for this acreage, ranging from retail and hospitality to service-oriented business operations. Its location along Shunpike Road offers accessibility within this growing suburban market, supporting potential expansion projects or new ground-up construction ventures. The property allows for versatile site planning to accommodate modern commercial infrastructure requirements. Whether exploring long-term holding strategies or immediate development, this site presents a functional footprint for business expansion in a well-trafficked corridor of the metro 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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