3802 Bayshore Road

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3802 Bayshore Road

North Cape May, NJ 08204
Asking Price
$500K
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 North Cape May
  • Prime frontage location along the active Bayshore Road corridor
  • General Business zoning enables various commercial development and retail options
  • Offered for sale at a list price of 499900 dollars
  • Positioned within a key gateway area in coastal New Jersey

What's Special

This commercial land offering in North Cape May, New Jersey, presents a strategic acquisition for investors or developers seeking a foothold in a growing coastal market. Situated at 3802 Bayshore Road, the property benefits from high visibility along a key corridor, positioning it well for businesses requiring accessible storefronts or service centers. North Cape May serves as a primary gateway to the region, maintaining steady activity levels supported by its proximity to the Delaware Bay and tourism-driven local economy. The parcel features General Business zoning, a versatile designation that accommodates a broad range of development paths. Potential applications for the site include retail storefronts, professional service offices, or specialized commercial ventures tailored to the local demographic. Prospective owners can leverage the significant traffic exposure of the Bayshore Road frontage to establish a long-term presence in this established community. This land represents a functional asset for those looking to capitalize on the ongoing development trends within the Cape May region.

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.70
Strong
Cash-on-Cash
33.55%
Monthly Payment
$2,473.232
Annual Cash Flow
$50,321.211

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