204 E 11th Street

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204 E 11th Street

Ocean City, NJ 08226
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 available for acquisition in Ocean City
  • Located at 204 E 11th Street in New Jersey
  • Site supports development tailored to regional commercial needs
  • Positioned within a prominent coastal destination and tourism market
  • Property offers significant potential for custom business construction

What's Special

This commercial land offering at 204 E 11th Street in Ocean City, New Jersey, presents a development opportunity for investors or business owners looking to establish a foothold in this coastal market. Ocean City is a well-known destination in the Cape May County region, characterized by its seasonal tourism economy and steady year-round population. The site is positioned within a established community, providing a foundation for potential commercial ventures that cater to both visitors and local residents. Developing this parcel allows for the creation of a tailored facility that meets specific business requirements in a prominent beach town. Given the nature of the area, the property is suitable for projects that align with the local commercial landscape, supporting service or retail operations. Its location offers accessibility for those navigating the shore region, making it a viable selection for parties seeking to leverage the high visibility inherent to this segment of the New Jersey coastline.

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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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