2801 Atlantic Avenue

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2801 Atlantic 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).

  • This commercial land site is located in Wildwood, New Jersey.
  • The property is situated specifically at 2801 Atlantic Avenue.
  • It sits within a busy coastal commercial submarket.
  • The asset is suitable for various commercial development projects.
  • Wildwood experiences significant seasonal activity and tourist traffic.

What's Special

The coastal landscape of Wildwood, New Jersey, remains a consistent draw for seasonal tourism and regional economic activity. Situated at 2801 Atlantic Avenue, this commercial land parcel occupies a central position within this vibrant shore community. The area benefits from high levels of pedestrian traffic throughout the summer months and established infrastructure supporting various hospitality and retail ventures. This site offers potential for a range of commercial developments suited to the bustling atmosphere of the Atlantic Avenue corridor. Investors and developers can capitalize on the location to support businesses that cater to the consistent influx of visitors and local residents. Its placement within the heart of the city provides accessibility and visibility for future operations in this well-known vacation destination. Given the ongoing development trends along the Jersey Shore, this property presents a functional foundation for new commercial projects aiming to serve the dynamic Wildwood market.

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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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