1 Rio Grande Boulevard

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1 Rio Grande Boulevard

Rio Grande, NJ 08242
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 spanning 25 acres in Rio Grande
  • Located at 1 Rio Grande Boulevard, New Jersey
  • Site dimensions offer significant room for expansive development
  • Positioned within a busy Cape May County submarket
  • Suitable for a variety of potential commercial projects

What's Special

This 25-acre commercial land parcel sits at 1 Rio Grande Boulevard in Rio Grande, New Jersey. The expansive site provides significant acreage for large-scale development projects within this coastal region of Cape May County. Its strategic position allows for various commercial applications, benefiting from the steady regional traffic patterns characteristic of this part of the state. The surrounding submarket supports a blend of seasonal tourism and year-round residential activity, creating a functional landscape for business operators or developers seeking to establish a presence in the area. Investors and business owners evaluating this property will find the topography and size suitable for diverse commercial use cases. Given the site's footprint, it serves as a viable option for those looking to accommodate long-term development requirements. The proximity to primary transit routes in the municipality facilitates access for both local commerce and regional logistics, ensuring the land remains a practical choice for future site planning and investment initiatives.

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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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