800 Wesley Avenue

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800 Wesley 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 800 Wesley Avenue
  • Positioned within the active Ocean City market
  • Asset benefits from significant seasonal tourist influx
  • Available for potential commercial development opportunities
  • Strategically located near southern New Jersey regional transit

What's Special

This commercial land parcel spans 800 Wesley Avenue in Ocean City, New Jersey. Situated in a well-established coastal destination, the site benefits from the seasonal tourism economy that characterizes this region of the Jersey Shore. Ocean City maintains a consistent year-round population while experiencing significant increases in foot traffic and economic activity during the summer months. Investors and developers can evaluate this property for various commercial applications suited to the high-visibility market environment. The location provides proximity to local infrastructure and the broader transit corridors that connect southern New Jersey to the Philadelphia metropolitan area. Prospective buyers should conduct independent due diligence regarding site-specific zoning ordinances and utility connectivity requirements to confirm feasibility for their intended commercial projects.

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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