1606 Boardwalk

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1606 Boardwalk

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 asset available for sale in North Wildwood
  • Prime parcel located directly on the North Wildwood Boardwalk
  • Development site situated within the 08260 coastal zip code
  • High-pedestrian traffic area suitable for various commercial retail uses
  • Coastal market property positioned for seasonal and local demand

What's Special

This commercial land parcel sits at 1606 Boardwalk in North Wildwood, New Jersey. The property provides a direct opportunity for development within one of the region's most prominent coastal tourist destinations. Situated directly along the boardwalk, the site benefits from the seasonal population influx and the high-traffic pedestrian environment characteristic of this barrier island community. Investors and developers can explore various commercial applications suitable for a seaside corridor, ranging from retail spaces to service-oriented business outlets that cater to both vacationers and local residents. The site's positioning in the 08260 zip code allows for significant visibility and accessibility in a well-established shore market that maintains consistent economic activity throughout the summer months. As an undeveloped asset in a density-constrained coastal location, this land offers a functional base for constructing new commercial square footage tailored to the unique demands of the North Wildwood market.

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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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