2576 Route 9

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2576 Route 9

Ocean View, NJ 08230
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 sale in Ocean View.
  • Property is situated directly along the Route 9 corridor.
  • Strategically positioned to serve Cape May County transit routes.
  • Zoned for commercial development and various business use cases.
  • Ideal location for developers seeking growth in coastal markets.

What's Special

This commercial land offering at 2576 Route 9 in Ocean View, New Jersey, presents a strategic acquisition for investors or developers seeking a presence in a coastal corridor. Positioned along a primary transit artery, the site benefits from the connectivity provided by Route 9, which serves as a vital link for local traffic and seasonal tourism flows throughout Cape May County. The region maintains a steady economic profile driven by proximity to popular Jersey Shore destinations and an established year-round resident base. Given the parcel's commercial designation, it is well-suited for a variety of development projects including retail storefronts, service-based businesses, or professional office facilities. Owners looking to capitalize on land development in a well-traversed suburban market will find the location conducive to long-term site planning and commercial growth. The property offers substantial utility for businesses requiring high-visibility access for customers and logistics alike.

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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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