1127 Route 47 S

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1127 Route 47 S

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 asset available for purchase in Rio Grande
  • Located at 1127 Route 47 S in New Jersey
  • Strategically positioned to capture regional tourist and local traffic
  • Versatile site suitable for multiple commercial and retail applications
  • Property sits within the growing Cape May County market area

What's Special

Development of a commercial project is well-suited for this expansive land parcel situated at 1127 Route 47 S in Rio Grande, New Jersey. The property provides a strategic footprint within the Cape May County region, an area characterized by seasonal tourism and a consistent year-round population. Its placement along a primary thoroughfare offers significant visibility, making it a viable candidate for retail, hospitality, or service-oriented business ventures looking to establish a presence in this growing coastal market. Positioned within a region that balances local residential needs with heavy summer influx, the site allows for flexible planning and construction. Investors and developers can leverage the accessibility provided by Route 47 to capture traffic moving toward the nearby Jersey Shore destinations. The surrounding area supports a variety of commercial functions, providing the necessary infrastructure to facilitate new construction for businesses aiming to serve both local residents and regional visitors.

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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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