248 E Youngs Avenue

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248 E Youngs 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 available for acquisition in Wildwood, New Jersey.
  • Property is located at 248 E Youngs Avenue in the 08260 zip code.
  • The site is designated as commercial land suitable for development.
  • Wildwood features a consistent economy driven by seasonal tourism and visitors.
  • Geographic coordinates for the site are 38.9854, -74.8165.

What's Special

This commercial land parcel in Wildwood is available for sale, presenting a strategic acquisition for investors or developers seeking to establish a footprint in this coastal New Jersey market. The site serves as a foundation for various commercial ventures looking to leverage the high seasonal traffic and regional tourism economy characteristic of the Wildwood area. Its location provides accessible utility for businesses ranging from retail operations to service-based establishments aimed at the local community and vacationers alike. Wildwood serves as a prominent destination within the Cape May County shore region, supporting a robust seasonal economy that fluctuates with the summer visitor influx. Developers will find this site positioned to support projects tailored to the active demographic and commercial density found throughout this vibrant island community. The parcel offers functional space for those looking to expand their real estate portfolio or launch a new commercial enterprise within this established New Jersey submarket.

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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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