135 W Burk Avenue

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135 W Burk Avenue

Wildwood, NJ 08260
Asking Price
$250K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel located at 135 W Burk Avenue.
  • Property is situated within the coastal town of Wildwood.
  • Available for purchase at an asking price of $250,000.
  • Site supports diverse commercial or retail development applications.
  • Positioned in a region characterized by seasonal tourist activity.

What's Special

This commercial land parcel spans the lot at 135 W Burk Avenue in Wildwood, New Jersey. Situated in a coastal market known for its seasonal tourism and steady regional activity, the property provides a strategic footprint for developers or investors seeking a presence in this active shore community. The location benefits from proximity to the Atlantic coast, attracting significant foot traffic during the summer months while maintaining a year-round local population base. Given the commercial zoning and positioning within Wildwood, the site supports various development pathways. Prospective buyers can explore uses ranging from retail storefronts and service-based businesses to specialized hospitality ventures that cater to the dense visitor population. This land represents a practical acquisition for those looking to capitalize on the unique market dynamics of the Cape May County area, offering flexible potential for a new build-to-suit commercial project.

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

Location & Travel Times