704 Asbury Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

704 Asbury Avenue

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 located at 704 Asbury Avenue.
  • Situated within the coastal municipality of Ocean City, NJ.
  • Property occupies a prominent position in a primary local corridor.
  • Suitable site for various commercial and retail development projects.
  • Region benefits from consistent seasonal tourism and local foot traffic.

What's Special

This commercial land parcel sits at 704 Asbury Avenue in Ocean City, New Jersey. The location benefits from its placement within a established coastal market known for steady seasonal tourism and year-round residential activity. Asbury Avenue serves as a primary corridor, providing visibility and accessibility for businesses looking to capitalize on local foot traffic. Investors and developers can evaluate this site for various commercial applications, ranging from retail storefronts to service-oriented facilities that cater to the surrounding community. Ocean City maintains a distinct demographic profile that supports diverse commercial operations, particularly during the active summer months. Prospective buyers should conduct independent due diligence regarding zoning requirements and specific site development constraints for this particular address within the municipality.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

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