3844 Bayshore Road

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3844 Bayshore Road

North Cape May, 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 purchase in North Cape May
  • Strategically positioned within the active New Jersey coastal tourism corridor
  • Versatile site suitable for a range of commercial development projects
  • Parcel located at coordinates 38.9763, -74.9429 in Cape May County
  • Well-suited for business owners seeking new construction opportunities

What's Special

This commercial land parcel in North Cape May, New Jersey, is currently available for sale. It represents a functional acquisition for developers or business owners seeking a foothold in the Cape May region, a market characterized by its steady seasonal tourism and proximity to regional coastal transit corridors. The site is well-positioned for versatile commercial development, offering potential utility for retail, service-oriented businesses, or specialized operations that benefit from a shore-adjacent location. Investors and stakeholders can leverage this site to capitalize on local demand within the North Cape May submarket. With its straightforward layout and strategic positioning, the property provides a foundational opportunity for ground-up construction or long-term land banking strategies. Its location provides accessibility for both residents and visitors navigating the peninsula, making it a practical candidate for businesses requiring high visibility or strategic regional positioning. Prospective buyers are encouraged to evaluate the site in the context of current zoning and local development ordinances.

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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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