3100 S Route 9 Highway

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3100 S Route 9 Highway

Rio Grande, NJ 08242-1019
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 sale in Rio Grande
  • Site located at 3100 S Route 9 Highway address
  • Positioned within an active commercial corridor in New Jersey
  • Parcel suitable for diverse commercial and retail development projects
  • Strategic location offers regional accessibility for future business operations

What's Special

Rio Grande serves as a central hub within Cape May County, providing essential commercial access to residents and seasonal visitors alike. This commercial land site at 3100 S Route 9 Highway benefits from the steady flow of traffic characterizing this corridor in New Jersey. The parcel presents a versatile foundation for various development initiatives, fitting the needs of business owners or investors seeking a presence in a primary retail and service thoroughfare. Given the proximity to major regional roadways, the site is positioned to support a range of commercial applications that require visibility and accessibility. Developers can evaluate the potential for retail construction, service-oriented facilities, or professional business operations suited to this active submarket. Strategic planning for this plot aligns with the ongoing economic development typical of this coastal region, ensuring long-term utility for the successful buyer.

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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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