2400 Route 9 S Route

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2400 Route 9 S Route

Rio Grande, NJ 08210
Asking Price
$160K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel located at 2400 Route 9 S
  • Offered for sale at a price of 159900 dollars
  • Situated in the Rio Grande area of New Jersey
  • Strategic location suitable for diverse commercial development projects
  • Accessible site providing visibility along a major regional thoroughfare

What's Special

Development of a commercial project is supported by this parcel of land positioned along Route 9 S in Rio Grande, New Jersey. This site provides strategic access for businesses seeking visibility within a well-traveled corridor of Cape May County. The local submarket serves a consistent residential population and seasonal visitors, making it a functional choice for retail, service-oriented, or professional office ventures. Its placement within the 08210 zip code ensures proximity to primary regional transit routes that connect the surrounding coastal communities. Investors and developers will find the dimensions and accessibility of this land suitable for a variety of build-to-suit commercial applications tailored to the specific needs of the local economy. Whether establishing a new storefront or expanding existing service footprints, this property offers a foundational asset for commercial growth in a established market area.

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NOI
$80,000
Cap Rate
50.03%
DSCR
8.43
Strong
Cash-on-Cash
146.98%
Monthly Payment
$791.098
Annual Cash Flow
$70,506.825

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