501 W Tacony Road

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501 W Tacony Road

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 501 W Tacony Road
  • Strategically situated within the Wildwood, New Jersey market
  • Asset type categorized specifically for commercial land use
  • Well positioned for potential development projects in coastal area
  • Available for acquisition by investors or commercial business owners

What's Special

This commercial land offering at 501 W Tacony Road in Wildwood, New Jersey, presents a strategic acquisition for investors or developers seeking a foothold in this coastal market. The property occupies a functional site suitable for a range of commercial applications, depending on local municipal guidelines. Wildwood maintains a steady profile within the Jersey Shore region, characterized by seasonal tourism and a consistent local population base that supports various retail and service-oriented businesses. The site's location allows for potential development projects tailored to the needs of the surrounding community or the influx of visitors during peak periods. Prospective buyers should evaluate the site for its potential to accommodate commercial infrastructure that aligns with the established development trends of the area. Given the regional economic reliance on leisure and hospitality, this asset serves as a canvas for projects designed to cater to both residents and the seasonal market demographics typical of the Cape May County submarket.

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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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