826 W Rio Grande Avenue

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826 W Rio Grande Avenue

Lower Township, NJ 08260
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel situated in Lower Township, New Jersey.
  • Located at 826 W Rio Grande Avenue in Cape May County.
  • The property is currently available for purchase as vacant land.
  • Suitable site for developing new single-family residential housing projects.
  • Positioned within an established coastal suburban market in the region.

What's Special

This residential land parcel is positioned at 826 W Rio Grande Avenue in Lower Township, New Jersey. Located within a coastal region of Cape May County, the site benefits from the area's established residential character and proximity to regional transit corridors. The property provides a blank slate for development, suitable for those looking to build single-family housing or residential units in a market defined by its seasonal tourism economy and year-round suburban living. Investors and developers will find this site well-positioned to serve the housing needs of this growing community. With its accessible location, the land offers a practical opportunity for residential construction projects tailored to the local demographic. The surrounding area maintains a consistent demand for housing inventory, supported by the ongoing appeal of the New Jersey shoreline and its neighboring municipalities.

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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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