4301 Mediterranean Avenue

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4301 Mediterranean 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 situated in Wildwood, New Jersey.
  • Located at the address 4301 Mediterranean Avenue.
  • Site offers potential for diverse commercial development projects.
  • Property sits within a popular regional tourism destination.
  • Zoned for commercial use according to local regulations.

What's Special

Development of this commercial land parcel at 4301 Mediterranean Avenue provides a strategic footprint within the coastal economy of Wildwood, New Jersey. This site is suited for various commercial applications that capitalize on the high seasonal foot traffic and tourism-driven environment characteristic of this well-known shore destination. The positioning allows for convenient access to regional thoroughfares, supporting business operations that serve both local residents and the significant influx of summer visitors to the barrier island. Investors and developers can evaluate the tract for projects ranging from retail storefronts to service-oriented facilities that align with municipal zoning guidelines in this vibrant seaside community. The property benefits from the established infrastructure of the Cape May County area, ensuring that new commercial construction remains integrated with the surrounding density and commercial activity. This land represents a tangible asset for those looking to expand their portfolio within a prominent New Jersey travel and leisure hub.

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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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