737 Broadway

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737 Broadway

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 parcel located at 737 Broadway in West Cape May.
  • Property sits within an established and popular coastal New Jersey market.
  • Strategic location offers visibility and access for potential commercial development projects.
  • The land is suitable for a variety of commercial business applications.
  • Regional tourism provides consistent activity throughout the West Cape May area.

What's Special

737 Broadway comprises a commercial land parcel situated in West Cape May, New Jersey. This site occupies a position in a coastal region known for seasonal tourism and steady local activity, offering potential for development in a high-demand market. The layout and zoning of the parcel allow for various commercial uses, catering to businesses looking to establish a footprint in this established seaside community. Investors and developers can evaluate the tract for long-term growth prospects given the geographic constraints and popularity of the surrounding area. Proximity to local thoroughfares facilitates access for both residents and visitors, making the location viable for ventures that benefit from regional foot traffic. The parcel provides a foundation for projects ranging from retail storefronts to service-oriented commercial operations seeking visibility in a stable, recognizable 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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