10616 Second Avenue

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10616 Second Avenue

Stone Harbor, NJ 08247
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 Stone Harbor, New Jersey
  • Asset is situated at the address 10616 Second Avenue
  • Prime development site for retail or commercial business uses
  • Positioned within the active Cape May County coastal market
  • Property coordinates are 39.0461 latitude and -74.7642 longitude

What's Special

The commercial land at 10616 Second Avenue presents a development opportunity in Stone Harbor, New Jersey. This coastal location benefits from the seasonal population influx characteristic of the Cape May County shore region, where tourism drives consistent economic activity. The property supports various commercial use cases, offering a blank canvas for investors or business owners looking to establish a presence within this established beach community. Its position on Second Avenue provides proximity to local thoroughfares, facilitating accessibility for residents and visitors throughout the busy summer months. Developers can leverage the site to accommodate retail, professional services, or other commercial interests tailored to the high-traffic demands of the Stone Harbor market. The parcel serves as a viable asset for those seeking to capitalize on the sustained demand for commercial space in a desirable shoreline municipality where developable inventory remains a consideration for long-term real estate strategies.

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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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