1 W New York Avenue

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1 W New York Avenue

Villas, NJ 08251
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 Villas New Jersey
  • Strategically positioned near the Delaware Bay coastline
  • Asset is currently available for commercial property acquisition
  • Located within the growing Cape May County market
  • Suitable site for various commercial development initiatives

What's Special

Villas serves as a quiet coastal community within Cape May County, providing a residential and commercial gateway to the southern New Jersey peninsula. Positioned near the Delaware Bay, this area benefits from a consistent flow of local traffic and seasonal visitors traveling through the region's main arterial routes. The commercial land parcel at 1 W New York Avenue sits within this established local market, offering potential for various development projects suited to the neighborhood's scale and zoning requirements. Investors and developers can evaluate the tract for commercial applications that capitalize on the accessibility of the site for regional services or retail expansion. The geographic placement provides a strategic connection point for businesses looking to establish a presence within the evolving commercial landscape of the Lower Township area.

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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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