7118 Park Boulevard

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7118 Park Boulevard

Wildwood Crest, 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 situated at 7118 Park Boulevard
  • Located in the beach destination of Wildwood Crest
  • Suitable for professional or service-oriented commercial development
  • Positioned within the active Cape May County coastal market
  • Strategic site for businesses serving seasonal and local traffic

What's Special

Commercial development potential defines this land parcel located at 7118 Park Boulevard in Wildwood Crest, New Jersey. Situated in a coastal market, the site offers a strategic footprint for businesses looking to establish a presence within this active summer destination. The property serves as a blank canvas for investors or developers aiming to construct professional facilities or service-oriented retail spaces that cater to the consistent influx of seasonal visitors and local residents along the Jersey Shore. Proximity to regional beach town infrastructure allows for versatile project planning, whether the goal is an owner-user investment or a long-term commercial leasehold opportunity. This location provides access to the established tourism and recreational economy characteristic of the Cape May County area, supporting a steady demand for localized services. Development of this land can capitalize on the high seasonal population density and the visibility provided by its placement within the Wildwood Crest business corridor.

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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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