310 42nd Place

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310 42nd Place

Sea Isle City, NJ 08243
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 parcel located in Sea Isle City New Jersey
  • Prime site for new construction and business development projects
  • Asset is situated at the address 310 42nd Place
  • Strategically positioned to serve both local residents and seasonal visitors
  • Commercial zoning allows for a variety of potential business applications

What's Special

Development of a commercial project is possible on this land parcel located at 310 42nd Place in Sea Isle City, New Jersey. This site provides a clean slate for investors or business owners looking to establish a footprint in this coastal community. Sea Isle City maintains a seasonal economy driven by tourism and residential activity, making it a strategic location for ventures targeting both local residents and visitors during peak months. The surrounding area features established residential neighborhoods and proximity to essential municipal corridors, ensuring consistent accessibility. Given the commercial zoning designation, this property is suitable for various business applications that cater to the unique needs of a popular beach town. Buyers can leverage the location to design a facility tailored to specific operational requirements, contributing to the continued growth of the local business landscape. The site offers the necessary infrastructure for new construction projects aimed at long-term asset appreciation.

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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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