4705 Park Boulevard

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4705 Park Boulevard

Wildwood, NJ 08260
Asking Price
$539K
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.
  • The asking price for the property is 539000 dollars.
  • Located at 4705 Park Boulevard in Cape May County.
  • Property is situated in a high-traffic shore community.
  • Suitable for various commercial retail or hospitality developments.

What's Special

This commercial land at 4705 Park Boulevard in Wildwood, New Jersey, is currently available for purchase by investors and developers seeking a strategic foothold in a prominent coastal market. The property occupies a prime position within this popular vacation destination, where seasonal tourism drives the local economy and supports a consistent flow of visitors. Given its commercial classification, the site presents a flexible canvas for a variety of projects, ranging from retail developments to hospitality ventures tailored to the local demographic. Wildwood remains a central hub within Cape May County, benefiting from high seasonal traffic and a landscape characterized by its boardwalk culture and established residential core. Buyers looking to capitalize on this submarket's distinct character will find this parcel well-positioned to serve both permanent residents and the robust influx of summer tourists. Its scale and location offer a practical opportunity for those aiming to establish a commercial presence in a thriving shore community.

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NOI
$80,000
Cap Rate
14.84%
DSCR
2.50
Strong
Cash-on-Cash
29.68%
Monthly Payment
$2,666.678
Annual Cash Flow
$47,999.865

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