616 Shunpike Road

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616 Shunpike Road

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 parcel available for sale in Erma, New Jersey
  • Strategically situated at the 616 Shunpike Road address
  • Suitable site for various retail or service-oriented business developments
  • Located within the expanding commercial corridor of Cape May County
  • Flexible development potential for investors and custom business operations

What's Special

Development of this commercial land parcel at 616 Shunpike Road in Erma provides a strategic foothold in Cape May County. The site offers significant versatility for investors and business owners looking to capitalize on the growth of this New Jersey coastal region. Given its commercial zoning classification, the tract is well-positioned to support a variety of retail, office, or service-oriented projects intended to serve the local population and the consistent influx of seasonal visitors to the area. Proximity to regional thoroughfares ensures accessibility for both customers and logistics. As the local economy continues to expand, this raw land presents a clear opportunity for custom build-to-suit operations designed to meet specific business requirements. The site configuration allows for flexible site planning, making it an efficient choice for developers focused on long-term value in a stable suburban market. Professional planning can maximize the utility of this parcel to align with the evolving commercial landscape of Erma.

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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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