323-325 Oak Lane

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323-325 Oak Lane

Erma, 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 asset situated at 323-325 Oak Lane in Erma.
  • Located within the 08204 zip code of Cape May County.
  • Versatile site suitable for a variety of commercial development projects.
  • Positioned within a region supported by seasonal and local demand.
  • Strategic regional location accessible via major southern New Jersey roadways.

What's Special

Development of this commercial land parcel at 323-325 Oak Lane in Erma, New Jersey, presents a strategic expansion path for businesses seeking a footprint in Cape May County. The site provides a versatile canvas for various commercial applications, allowing for site-specific construction tailored to retail, professional services, or specialized industrial needs. Situated within a growing regional corridor, the property benefits from the broader economic activity of the southern New Jersey peninsula. Proximity to regional transit arteries supports accessibility for both regional logistics and local client traffic. Given the location within the 08204 zip code, this land is well-positioned for enterprises looking to establish or grow their presence in a market characterized by consistent seasonal tourism and year-round residential demand. Its footprint offers the necessary scale to accommodate modern commercial infrastructure requirements, providing developers and investors the flexibility to capitalize on current market fundamentals in an established coastal trade 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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