370 83rd Street

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370 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).

  • Commercial land parcel available for acquisition in Stone Harbor
  • Strategically positioned at 370 83rd Street in New Jersey
  • Asset provides significant development potential for commercial business use
  • Located within a prominent coastal destination and seasonal market
  • Site offers accessibility within the established local island community

What's Special

This commercial land at 370 83rd Street sits within the coastal borough of Stone Harbor, New Jersey. The parcel presents a flexible foundation for development in a submarket known for its seasonal tourism and steady regional appeal. Its location provides accessibility within the barrier island community, offering potential for investors or business owners looking to establish a footprint in this established seaside setting. The site serves as a blank canvas suitable for a range of commercial applications consistent with local zoning and development regulations for the area. Given the sustained demand for commercial space in this popular destination, the property stands as a viable acquisition for those seeking to capitalize on the unique market dynamics of the Jersey Shore. Prospective buyers should conduct their due diligence regarding specific permitted uses and development parameters for this specific tract of land.

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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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