217 O Avenue

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217 O Avenue

West Wildwood, NJ 08260
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 217 O Avenue in West Wildwood.
  • Property is positioned within the 08260 zip code of New Jersey.
  • Strategic location supports development of retail or professional office space.
  • Site benefits from the active tourism economy of the Jersey Shore.
  • The parcel is currently available for purchase as a commercial asset.

What's Special

217 O Avenue is a commercial land parcel positioned in West Wildwood, New Jersey. This site provides a strategic footprint for developers and investors targeting the coastal New Jersey market. The property benefits from its location within a region known for seasonal tourism and steady residential growth. Given the existing commercial zoning designation, the lot supports a variety of development paths, including retail storefronts, office space, or professional service centers. Potential users can leverage the visibility and access inherent to this submarket to establish a presence within the Jersey Shore area. The surrounding community features a mix of year-round residents and a significant influx of visitors during the summer months, creating consistent demand for localized services. Development of this land offers an entry point into a well-established beach town landscape where land availability remains constrained. Its proximity to regional thoroughfares ensures accessibility for both local clientele and seasonal traffic flows, making it a functional acquisition for those looking to expand their commercial footprint in Cape May County.

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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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