212 E Rio Grande Avenue

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212 E Rio Grande 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 asset available for sale in Wildwood
  • Strategically located at 212 E Rio Grande Avenue
  • Suitable site for various commercial development projects
  • Positioned in a popular New Jersey shore destination
  • Potential for retail or service business utilization

What's Special

This commercial land parcel sits at 212 E Rio Grande Avenue in Wildwood, New Jersey. Situated in a coastal market known for its seasonal tourism and steady regional activity, the property provides a versatile foundation for development. Investors and business owners can utilize this site to establish operations that serve the local community and the significant influx of visitors common to this Cape May County municipality. The site benefits from its position within a well-established corridor, offering straightforward access for commercial use cases. Developers looking for a strategic footprint in a popular shore destination will find the location suitable for various project designs, ranging from retail storefronts to service-oriented business models. The surrounding infrastructure supports consistent traffic flow throughout the active months, making it a viable candidate for ventures aiming to capitalize on the area's ongoing economic vitality and established consumer base.

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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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