221 W Oak Avenue

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221 W Oak 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 221 W Oak Avenue
  • Situated in the growing coastal market of Wildwood
  • Asset is available for acquisition in New Jersey
  • Site supports diverse commercial development and business uses
  • Located in an area with consistent seasonal commercial traffic

What's Special

Development of a commercial project at 221 W Oak Avenue in Wildwood, New Jersey, positions an owner to capitalize on a prime parcel of land within this active coastal community. Located in a region that sees consistent seasonal demand and steady year-round activity, this site provides the necessary footprint for various professional or retail ventures. The location benefits from its placement in a well-established submarket, offering high visibility for potential business operations. Prospective buyers have the flexibility to design a structure that aligns with the specific functional requirements of the local commercial sector. Whether planning a boutique office space or a service-oriented facility, the strategic positioning of this plot serves as a foundational asset for long-term real estate holdings in Cape May County. Its accessibility ensures that clients and employees can navigate to the site with ease, making it a viable candidate for businesses seeking a presence in a high-traffic destination known for its significant tourism and hospitality economy.

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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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