3135 S Route 9

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3135 S Route 9

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).

  • The parcel encompasses 22.12 acres of commercial land.
  • Located directly on the S Route 9 commercial corridor.
  • The site is situated within the Rio Grande market area.
  • Significant acreage offers versatility for large-scale development projects.
  • The property is available for immediate acquisition and development.

What's Special

Rio Grande serves as a key commercial hub within Cape May County, benefiting from steady regional traffic and year-round economic activity. This 22.12-acre parcel of commercial land at 3135 S Route 9 provides a substantial footprint for various development initiatives. With its strategic position along a primary thoroughfare, the site remains accessible to both local residents and seasonal visitors traveling through South Jersey. The scale of this property accommodates diverse professional requirements, making it suitable for retail centers, hospitality ventures, or mixed-use developments. Investors and developers can leverage the significant acreage to implement large-scale projects that capitalize on the area's ongoing growth. Given the existing commercial zoning, the parcel presents a straightforward pathway for prospective buyers looking to establish a presence in a well-trafficked 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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