450 E 23rd Avenue

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450 E 23rd 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 available for sale in North Wildwood
  • Located at 450 E 23rd Avenue in New Jersey
  • Strategically positioned within a coastal tourism hub
  • Suitable for diverse commercial or retail development projects
  • Accessible location near regional transit corridors

What's Special

North Wildwood serves as a coastal hub in the Cape May County region, characterized by seasonal tourism and a steady local population. This commercial land site at 450 E 23rd Avenue provides a strategic footprint for developers looking to establish a presence within this active Jersey Shore market. The site occupies a visible position that supports various commercial development initiatives tailored to the high-traffic summer season and year-round residential needs. Investors and business owners may find this parcel suitable for retail, service-oriented businesses, or specialized hospitality projects that benefit from the area's ongoing economic activity. With its proximity to primary regional transit routes, the location offers accessibility for both residents and visitors navigating the coastal corridor. The available land provides a blank slate for vertical development or outdoor commercial utility in a market where prime developable acreage remains a primary driver of long-term real estate strategy.

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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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