11108 2nd Avenue

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11108 2nd 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 available for purchase in Stone Harbor.
  • Located at 11108 2nd Avenue in the 08247 zip code.
  • Property sits in a prominent coastal New Jersey market.
  • Suitable for commercial development projects near the shore.
  • Coordinates placed at 39.0429 latitude and -74.7662 longitude.

What's Special

Development of a commercial project is possible on this land parcel located at 11108 2nd Avenue in Stone Harbor, New Jersey. Situated in a coastal market, this site provides an opportunity for investors or business owners looking to establish a presence within the 08247 zip code. The local economy in Stone Harbor is driven largely by seasonal tourism and residential commerce, making this a stable environment for specific retail or service-oriented business ventures. Potential owners can leverage the strategic positioning of this commercial land to cater to the consistent influx of visitors and the permanent population in this region. Given the geography of the barrier island, access to nearby infrastructure and public amenities remains a primary feature for prospective commercial operations. This offering serves as a blank slate for those seeking to capitalize on a well-known shore community, providing enough square footage to accommodate varied building plans that align with local development standards.

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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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