4020 Ocean Avenue

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4020 Ocean 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.
  • Property address is 4020 Ocean Avenue, Wildwood, New Jersey.
  • Site supports diverse commercial and retail development initiatives.
  • Location benefits from high seasonal demand in coastal New Jersey.
  • Parcel coordinates are located at 38.9847, -74.8150.

What's Special

This commercial land parcel in Wildwood, New Jersey, is currently offered for sale, presenting a functional site for various development projects. Located at 4020 Ocean Avenue, the property is positioned within a coastal market that experiences significant seasonal activity and tourist traffic, characteristic of the Jersey Shore region. The site provides a flexible canvas for investors or business owners looking to establish a footprint in this active shoreline municipality. Whether considering retail, hospitality, or mixed-use commercial development, the asset offers proximity to the local beach economy and regional thoroughfares serving the area. Developers will find this location suitable for ventures that capitalize on the high foot traffic associated with the Wildwood destination, ensuring long-term viability in a well-established submarket known for its recreational and commercial landscape.

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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

Location & Travel Times