4002 S Route 9

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4002 S Route 9

Rio Grande, NJ 08242
Asking Price
$549K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel totaling 1.32 acres for sale
  • Located on South Route 9 in Rio Grande New Jersey
  • Asking price for the property is set at $549,000
  • Strategic site positioned along a key local arterial road
  • Suitable for various retail or commercial business development projects

What's Special

Rio Grande serves as a central hub within the Cape May County corridor, benefiting from steady seasonal tourism and year-round accessibility via Route 9. This commercial land parcel spans 1.32 acres, providing a versatile footprint for development in a high-visibility location. Its strategic positioning along a primary arterial road supports a variety of commercial business operations looking to capitalize on regional traffic patterns. The surrounding area continues to experience consistent demand from both local residents and visitors, making this a practical choice for investors or business owners targeting this specific market. Given the site dimensions and accessibility, the property is well-suited for retail, service-oriented businesses, or specialized commercial use cases that require reliable frontage in this coastal New Jersey submarket.

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NOI
$80,000
Cap Rate
14.57%
DSCR
2.45
Strong
Cash-on-Cash
28.78%
Monthly Payment
$2,716.152
Annual Cash Flow
$47,406.171

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