2002-2024 Boardwalk

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2002-2024 Boardwalk

North Wildwood, NJ 08260-6010
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 located on the North Wildwood boardwalk
  • Asset occupies the address range of 2002-2024 Boardwalk
  • Prime location within a high-traffic coastal tourism market
  • Development potential for retail or hospitality business concepts
  • Coordinates placed at 38.9924 latitude and -74.7999 longitude

What's Special

Situated at 2002-2024 Boardwalk in North Wildwood, New Jersey, this commercial land parcel occupies a prominent position along the shore. The site benefits from its direct proximity to the boardwalk, a primary corridor for seasonal tourism and foot traffic in this coastal market. North Wildwood functions as a key destination within the Cape May County region, characterized by a seasonal influx of visitors and a steady demand for hospitality and retail services. This commercial site presents development potential for investors looking to establish a footprint in an established beach community. Given its location and zoning designation for commercial use, the land is suitable for various projects ranging from retail storefronts to mixed-use hospitality ventures. The area maintains consistent appeal due to its regional popularity and access to local municipal services, making it a functional choice for developers aiming to capitalize on the high visibility and constant activity associated with the North Wildwood boardwalk.

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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

Location & Travel Times