103 S Railroad Avenue

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103 S Railroad Avenue

Rio Grande, NJ 08242
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel currently available for purchase
  • Located at 103 S Railroad Avenue in Rio Grande
  • Asset sits within the Cape May County region
  • Well-suited for custom single-family home development projects
  • Strategic position near regional transportation infrastructure

What's Special

This residential land parcel located at 103 S Railroad Avenue in Rio Grande, New Jersey, is currently offered for sale to investors and developers seeking buildable acreage. The site provides a clean slate for residential construction, suitable for single-family housing or private development projects. Positioned within a quiet region of Cape May County, the property benefits from the area's ongoing demand for housing stock and proximity to local coastal amenities. Rio Grande serves as a central hub for the surrounding community, offering convenient access to major regional thoroughfares that connect residents to broader South Jersey commercial centers and leisure destinations. Developers will find this site well-positioned for projects targeting year-round residents or seasonal demand. The layout allows for flexible design approaches tailored to the specific zoning and municipal requirements of the local jurisdiction.

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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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