550 W glenwood Avenue

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550 W glenwood 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 parcel available for sale in West Wildwood
  • Located at 550 W Glenwood Avenue in New Jersey
  • Strategic position within the active Cape May County region
  • Site offers potential for diverse commercial development projects
  • Geographic coordinates situated at 38.9987, -74.8207

What's Special

This commercial land offering at 550 W Glenwood Avenue in West Wildwood presents a viable acquisition for investors or developers seeking a foothold in the Cape May County real estate market. The site is suited for commercial development projects that align with the local zoning requirements of this coastal New Jersey community. West Wildwood maintains a steady seasonal economy driven by its proximity to the Atlantic shoreline and a consistent flow of summer tourism, providing a reliable demographic for service-oriented businesses or retail ventures. The location benefits from access to regional thoroughfares connecting this island community to the broader mainland municipalities. Prospective buyers have the flexibility to evaluate long-term development strategies suitable for a commercial asset of this nature. Given the physical characteristics of the plot, it serves as a functional foundation for those looking to establish a presence within this specific 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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