110 W Garfield Avenue

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110 W Garfield 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 110 W Garfield Avenue in Wildwood.
  • Strategic development site situated within a vibrant New Jersey coastal market.
  • Versatile land asset suitable for diverse commercial construction and business use.
  • Positioned within an established municipality with consistent seasonal tourism traffic.
  • Supports tailored development for retail or professional service facility needs.

What's Special

Development of this commercial land parcel at 110 W Garfield Avenue provides a strategic entry into the Wildwood, New Jersey market. The site serves as a versatile foundation for new commercial construction, catering to the ongoing demand for retail or service-oriented space in this popular coastal destination. Wildwood functions as a central hub within the Cape May County tourism sector, maintaining steady visitor activity throughout the peak summer seasons. This location is well-positioned for business owners or investors seeking to establish a permanent footprint within an established shoreline municipality. The proximity to regional transit routes and local commerce centers facilitates consistent traffic flow, making the site an efficient candidate for various professional or commercial operations. Developing this asset allows for a customized physical footprint tailored to specific business requirements, whether for local storefronts or specialized service facilities. Its integration into the existing municipal grid supports functional access for both clients and operational logistics in a prominent Jersey Shore community.

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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

Location & Travel Times