801 New York Avenue

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801 New York 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 asset available for purchase in North Wildwood
  • Located at 801 New York Avenue in New Jersey
  • Property situated within a high-traffic seasonal tourist submarket
  • Suitable for new commercial construction or regional retail developments
  • Flexible land site positioned for versatile investment strategies

What's Special

This commercial land parcel in North Wildwood, New Jersey, is available for sale and presents a functional option for investors or developers seeking to establish a footprint in this coastal community. Situated at 801 New York Avenue, the site sits within a region characterized by its seasonal tourism economy and steady residential population. The geography of the barrier island environment supports various commercial service models, retail concepts, or hospitality-related projects that cater to both locals and summer visitors. Investors can leverage the position of this property within the broader Cape May County market to address specific regional business needs or community-serving commercial requirements. With its straightforward layout and proximity to primary thoroughfares, the plot provides a versatile foundation for new construction aimed at long-term asset appreciation or active business operations. Proponents of shore-based development will find this land parcel suitable for projects that require visibility and accessibility within the established North Wildwood commercial corridor.

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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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