3110 Shunpike Road

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3110 Shunpike Road

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).

  • This commercial land parcel encompasses 3.2 acres of total area.
  • The property is situated at 3110 Shunpike Road in Rio Grande.
  • It offers potential for various retail or professional commercial developments.
  • The site is located within a growing Cape May County market.
  • Commercial developers may evaluate the land for diverse project applications.

What's Special

Spanning 3.2 acres, this commercial land parcel sits along Shunpike Road in Rio Grande, New Jersey. The site provides space for diverse development projects within a region known for its steady seasonal economy and connectivity to the broader Cape May County market. Its strategic location serves as a foundation for commercial enterprises looking to establish a footprint in this growing suburban landscape. Investors and developers can evaluate the property for various retail, service, or professional uses that align with current area zoning and local commercial demand. The site dimensions allow for flexible site planning, accommodating potential building configurations and associated infrastructure needs. Proximity to local thoroughfares ensures visibility and access for both customers and logistics operations throughout the southern New Jersey region. Prospective buyers will find that this parcel offers a functional base for long-term commercial investment in a well-traversed community corridor.

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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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