695 Townbank Road

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695 Townbank 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 asset situated at 695 Townbank Road.
  • Located in North Cape May, New Jersey.
  • Property is positioned within a primary regional commercial corridor.
  • Land serves as a versatile site for diverse commercial development.
  • Cape May region supports significant seasonal and local business activity.

What's Special

North Cape May serves as a key gateway to the Cape May peninsula, benefiting from steady seasonal tourism and a localized economy anchored by coastal industry. This parcel of commercial land at 695 Townbank Road sits within this established market, providing a functional footprint for development in a region that supports both permanent residents and a high volume of summer visitors. The site’s positioning allows for versatile commercial applications, ranging from retail services to professional office space or specialized operations catering to the needs of the surrounding community. Investors and business owners seeking to expand their presence in Southern New Jersey will find this location strategically situated to capture traffic moving through the local corridor. Given the regional emphasis on service-oriented business, this asset presents a practical opportunity for entities looking to secure land for ground-up construction or future development initiatives in an area known for its accessibility and consistent regional growth.

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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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