311 83rd Street

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311 83rd Street

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).

  • Parcel located in the coastal borough of Stone Harbor
  • Commercial land asset spanning 0.09 acres total
  • Prime site within a high-demand Jersey Shore submarket
  • Suitable for boutique retail or professional office development
  • Features a strategic location near seasonal tourist traffic

What's Special

Stone Harbor is a sought-after coastal borough in Cape May County known for its steady seasonal tourism and upscale residential character. This 0.09-acre commercial land parcel at 311 83rd Street provides a strategic foothold for investors looking to capitalize on the region's limited inventory. The location benefits from the high-traffic summer season and the affluent local demographics of the Jersey Shore, making it a functional site for boutique retail, service-oriented commercial operations, or professional office development. The site provides a clean slate for developers aiming to contribute to the local economy while leveraging the established pedestrian-friendly atmosphere of the area. Prospective buyers should consider how this versatile plot aligns with broader development plans in one of the state's most resilient seaside markets. Its compact footprint is optimized for targeted business concepts that thrive in a high-demand, coastal beach community environment.

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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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