321 E Glenwood Avenue

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321 E Glenwood 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 purchase in Wildwood, New Jersey.
  • Located at 321 E Glenwood Avenue with coordinates 38.9900, -74.8080.
  • Property falls within the commercial real estate sub-type category.
  • Site offers potential for development in a high-traffic coastal market.
  • Wildwood provides a steady influx of seasonal visitors and economic activity.

What's Special

321 E Glenwood Avenue in Wildwood, New Jersey, presents a commercial land asset available for sale. This parcel provides a strategic footprint for developers looking to establish a presence within the coastal landscape of Cape May County. Wildwood serves as a prominent seasonal destination with a consistent influx of visitors, supporting a diverse range of commercial ventures. The site sits within a region characterized by its accessible beach-front tourism and a robust local economy driven by hospitality and retail demand. Investors and business owners may consider this location for projects that capitalize on the high volume of foot traffic and the area's ongoing appeal as a vacation hub. The physical characteristics of the plot offer versatility for ground-up construction or site-specific development plans tailored to the needs of the surrounding community. Prospective buyers are encouraged to evaluate the site in the context of Wildwood's established commercial corridors and existing zoning frameworks to determine the most viable path forward for their investment.

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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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