407 - 415 E Atlanta

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407 - 415 E Atlanta

Wildwood Crest, NJ 08234
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 in Wildwood Crest, New Jersey.
  • Strategic site located at 407-415 E Atlanta addresses.
  • Positioned within an active regional coastal tourism submarket.
  • Suitable for various retail or commercial development projects.
  • Property situated in the Cape May County area.

What's Special

This commercial land parcel spans 407-415 E Atlanta in Wildwood Crest, New Jersey. The property provides a strategic footprint for developers looking to establish a presence in this coastal community. Situated within a high-traffic regional tourism hub, the site benefits from the seasonal population influx characteristic of the Jersey Shore. The local economy relies heavily on the hospitality and service sectors, making this location suitable for retail development, mixed-use projects, or professional service facilities designed to support the year-round residents and summer visitors. Investors can capitalize on the evolving demand within the Wildwood Crest submarket. The site's location offers proximity to regional transit corridors and local commercial activity, providing accessibility for customers and business operations. Future development on this land could contribute significantly to the local business ecosystem. Interested parties should consult local zoning ordinances to confirm specific allowable uses and development parameters for this specific tract of land 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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