323 E Glenwood Avenue

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323 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 parcel located at 323 E Glenwood Avenue in Wildwood.
  • Property situated within the active South Jersey coastal tourism market.
  • Strategic location offers potential for retail or service-oriented business development.
  • Parcel footprint supports diverse project types for commercial investors.
  • Positioned within a region experiencing consistent seasonal visitor traffic.

What's Special

This commercial land parcel at 323 E Glenwood Avenue in Wildwood presents a viable foundation for development in a vibrant coastal destination. Strategically positioned within the Cape May County market, the site benefits from the seasonal tourism economy and regional accessibility characteristic of the South Jersey shore. Developers can leverage this location to pursue projects aligned with the area's ongoing commercial evolution, potentially serving both local residents and the influx of visitors throughout the summer months. As Wildwood continues to maintain its status as a primary recreational hub, this tract offers functional space for retail, service-oriented businesses, or specialized commercial ventures looking to establish a footprint near the coastline. The property layout supports various configuration strategies for entities seeking to capitalize on a established visitor base and consistent traffic patterns typical of this Jersey Shore submarket. Investors and business owners will find this an adaptable opportunity to engage with a well-trafficked community.

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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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