900 Shunpike Road

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900 Shunpike 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 spanning 1.2 acres for sale
  • Positioned along the accessible Shunpike Road corridor
  • Located in the North Cape May, New Jersey market
  • Suitable for retail or professional commercial site development
  • Benefits from regional tourism and year-round coastal traffic

What's Special

Development of a commercial project is well-suited for this 1.2-acre parcel located at 900 Shunpike Road in North Cape May, New Jersey. Situated in a region known for its seasonal tourism and steady coastal population, this land provides a strategic footprint for businesses looking to establish or expand operations within the Cape May County submarket. Its proximity to primary transit arteries allows for efficient access to surrounding residential and commercial nodes throughout the peninsula. Investors and developers can evaluate this site for various commercial applications, capitalizing on the high visibility and accessibility typical of the Shunpike Road corridor. The site accommodates diverse layouts, making it a functional choice for retail, service-oriented enterprises, or professional office use. Its dimensions offer flexibility for site planning in a market that balances local community needs with a consistent influx of visitors during the warmer months.

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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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