100 W Spicer Avenue

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100 W Spicer Avenue

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 located at 100 W Spicer Avenue
  • Asset is currently available for purchase in Wildwood
  • Site supports various commercial and retail development possibilities
  • Property occupies a strategic position within the local market
  • Wildwood serves as a major regional tourism destination

What's Special

Development of a commercial project at 100 W Spicer Avenue in Wildwood, New Jersey, provides a functional site for investors and business operators looking to establish a footprint in this coastal community. The property consists of a parcel of land zoned for commercial use, positioned to take advantage of the region's seasonal tourism and active local economy. Wildwood remains a staple of the Jersey Shore, drawing significant visitor traffic throughout the warmer months and maintaining a consistent residential population year-round. This site is suited for various commercial applications, ranging from retail spaces to service-oriented businesses that cater to both vacationers and permanent residents. The geography of the area supports steady demand for well-located commercial real estate projects that leverage proximity to popular shore attractions and established street corridors. Strategic placement within the city provides accessibility and visibility for potential customers, making this an actionable acquisition for those seeking to expand their development portfolio in a well-trafficked beach market.

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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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