239 Pennsylvania Avenue

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239 Pennsylvania Avenue

Villas, NJ 08226
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is located at 239 Pennsylvania Avenue in Villas.
  • This parcel consists of land designated for commercial use.
  • Villas is situated within the active Cape May County market.
  • The site offers potential for various commercial real estate developments.
  • The location benefits from steady regional economic and population growth.

What's Special

Villas represents a growing coastal community in Cape May County, benefiting from the steady regional tourism and residential expansion characterizing southern New Jersey. This commercial land site at 239 Pennsylvania Avenue occupies a strategic position within the local market, providing a foundation for potential development. The parcel is suited for various commercial projects that align with the area's ongoing economic development and land use patterns. Investors and developers often look to this submarket for its proximity to regional transit arteries and stable population base. Given the commercial classification of the land, the property serves as a viable venue for business ventures intended to serve the surrounding community. Prospective buyers can evaluate the site for future construction, keeping in mind the zoning and regulatory environment standard for commercial tracts in this part of the state.

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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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