120 Davis Road

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120 Davis Road

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 located at 120 Davis Road in Rio Grande.
  • Property is currently available for sale in Cape May County.
  • Site dimensions and layout support potential residential development projects.
  • Regional connectivity is provided via Route 47 and local roadways.
  • Location offers proximity to coastal amenities and mainland services.

What's Special

This residential land parcel at 120 Davis Road in Rio Grande, New Jersey, is currently available for purchase. The site provides a development opportunity for investors or builders focused on the Cape May County market. Situated near the Atlantic coast, the property benefits from the regional appeal of local tourism and proximity to coastal residential communities. Given the asset type, this land is suitable for single-family housing projects or residential development ventures tailored to the local housing demand. Rio Grande serves as a central commercial and residential hub in the area, offering convenient access to major thoroughfares like Route 47 and the Garden State Parkway. The location provides a balance of coastal lifestyle and accessibility to the surrounding mainland infrastructure, making it a viable candidate for various residential real estate projects. Interested parties should evaluate the site against local zoning ordinances and regional development requirements to assess the full potential of this parcel.

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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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