516 Webster Street

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516 Webster Street

Woodbine, NJ 08270
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 Woodbine New Jersey
  • Located at the address of 516 Webster Street
  • Strategically positioned within Cape May County
  • Site supports various commercial development and business use
  • Functional land area available for professional or retail expansion

What's Special

Woodbine serves as a significant hub within Cape May County, benefiting from its regional connectivity and steady economic landscape in Southern New Jersey. This commercial land parcel at 516 Webster Street provides a strategic foundation for development within this growing municipality. The site maintains a central position, allowing for efficient access to major local transit routes and neighboring residential districts. Given the site's commercial designation, it is well-suited for a variety of business applications, including retail operations, professional service offices, or small-scale commercial enterprises seeking a foothold in the local market. Investors and developers will find this property presents a functional canvas to address the needs of the surrounding community and capitalize on regional growth trends. The parcel remains an adaptable option for those looking to expand their commercial footprint in a stable submarket environment.

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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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