479 W Perry Street

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479 W Perry Street

West Cape May, NJ 08204
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 situated at 479 W Perry Street.
  • Located in the municipality of West Cape May, New Jersey.
  • Property is currently available for purchase in a coastal market.
  • Suitable for commercial development projects or professional office use.
  • Site offers potential for diverse retail or service business operations.

What's Special

Development of a commercial project at 479 W Perry Street in West Cape May, New Jersey, presents a strategic expansion path within this established coastal community. This commercial land site benefits from its position in a region known for steady seasonal tourism and year-round residential activity. The property serves as a blank canvas for investors looking to establish a presence in the local marketplace. Given the zoning and regional market demand, potential use cases include professional offices, specialty retail outlets, or service-oriented businesses aiming to capture local foot traffic. West Cape May maintains a stable economic environment characterized by its historical appeal and consistent demand for well-located commercial infrastructure. Developers and business owners will find this location suitable for projects requiring proximity to regional transit routes and the community center. The site offers necessary flexibility for modern commercial design and functional layout adjustments as required by a prospective owner or developer.

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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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