9300 Bayview Drive

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9300 Bayview Drive

Wildwood Crest, NJ 08260
Asking Price
$650K
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.
  • The property is currently listed for sale at 650000 dollars.
  • The asset resides within the 08260 zip code area.
  • Property is situated at the coordinates 38.9657, -74.8544.
  • This site is positioned for potential commercial development projects.

What's Special

Wildwood Crest is a coastal destination in southern New Jersey that experiences significant seasonal increases in population and economic activity. This commercial land parcel at 9300 Bayview Drive serves as a development site within a market defined by its tourism-driven economy and accessible beachfront topography. Prospective owners can consider various applications for this property, including retail, professional office, or hospitality projects tailored to the needs of residents and summer visitors. With its strategic positioning in the 08260 zip code, the site allows for potential integration into the established commercial corridor of the borough. The layout and location of this property provide a flexible foundation for developers looking to establish a footprint in a prominent shore community. Investors often favor this submarket for its consistent regional demand and long-term viability in a competitive coastal landscape. The land parcel presents an opportunity for site-specific construction suited to the existing zoning regulations of the municipality.

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

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