513 W Magnolia Avenue

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513 W Magnolia 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).

  • The parcel is located at 513 W Magnolia Avenue in West Wildwood.
  • This commercial land offering is situated within the 08260 zip code.
  • The site represents a versatile development opportunity for diverse commercial uses.
  • West Wildwood maintains a strong seasonal economy driven by shore tourism.
  • Investors can secure land in this accessible New Jersey coastal municipality.

What's Special

This commercial land parcel sits at 513 W Magnolia Avenue in West Wildwood, New Jersey. Situated in a coastal market, the site provides a distinct development footprint for investors or businesses seeking to establish a physical presence in this well-known shore community. The area benefits from seasonal tourism and a consistent local population, making it suitable for a range of commercial projects tailored to regional demand. Developing this tract allows for a custom design to suit specific operational requirements, whether for retail, service-oriented business, or professional office space. With its strategic location, the lot offers potential for users looking to capitalize on high visibility within the municipality. The property provides a blank canvas for commercial expansion in a submarket defined by its accessible geography and proximity to major shore points.

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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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