108 W 7th Avenue

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108 W 7th Avenue

North Wildwood, NJ 08260
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 measuring 0.09 acres in total size.
  • Property is situated at 108 W 7th Avenue in North Wildwood.
  • Located within a prominent coastal destination in New Jersey.
  • Site supports potential use for small-scale retail or professional services.
  • Asset benefits from significant seasonal traffic throughout the summer months.

What's Special

Development of this 0.09-acre commercial land parcel at 108 W 7th Avenue presents an opportunity to establish a footprint in the North Wildwood market. Situated within a popular New Jersey coastal community, the site benefits from seasonal tourism and a steady local population base. Given the location and commercial designation, the plot is suitable for small-scale retail, service-oriented business, or other professional uses that cater to residents and visitors alike. North Wildwood remains a key destination along the Jersey Shore, providing consistent activity throughout the warmer months and serving as an accessible market for entrepreneurs looking to leverage the regional economic climate. Investors and developers should evaluate local zoning regulations to maximize the potential of this specific lot size.

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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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