3 Locust Road

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3 Locust Road

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 asset available for purchase in Villas, New Jersey.
  • The property is located at 3 Locust Road, zip code 08251.
  • Parcel is designated for versatile commercial development and business use cases.
  • Site sits within a prominent coastal region of Cape May County.
  • Coordinates for the subject property are 39.0219, -74.9335.

What's Special

This commercial land offering at 3 Locust Road in Villas, New Jersey, presents a strategic acquisition for investors or developers seeking to establish a footprint in the Cape May County region. The site provides a flexible canvas for a range of commercial development projects tailored to the local market needs. Its location within this coastal community places the property near established residential corridors and accessible regional roadways, ensuring visibility for potential business operations. The area benefits from a steady influx of seasonal visitors and a consistent year-round population base. Given the commercial classification of the land, the parcel is well-positioned for ventures ranging from professional services to specialized retail or service-oriented businesses. Prospective buyers should evaluate the site's proximity to major local thoroughfares and its potential to support infrastructure consistent with regional zoning guidelines. This asset represents a functional opportunity for those looking to expand or diversify their commercial holdings in a growing New Jersey submarket.

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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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