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1520 Nj-50

6.87 Acres of Commercial Land Offered at $327,060 CAD in Woodbine, NJ 08270

Investment Highlights

  • Located in Tuckahoe, Upper Township, Cape May County, across from Dollar General and near Levari's Seafood & American Grill.
  • Zoned CMP, suitable for a variety of commercial and mixed-use developments.
  • The large parcel and favorable zoning offer potential for numerous commercial or retail uses.
  • Features 270 feet of frontage on Route 50 southbound, ensuring excellent exposure and accessibility.
  • 2019 real estate taxes were $5,880, reflecting manageable holding costs.
  • Situated in a developing area with increasing business and consumer activity.

Executive Summary

Priced at $230,000, presenting a cost-effective opportunity for acquiring substantial land.

Property Facts

Price $327,060 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 6.87 AC

1 Lot Available

Lot

Price $327,060 CAD
Price Per AC $47,607 CAD
Lot Size 6.87 AC

Offers 6.87 acres of prime real estate with significant space for various development opportunities.

Description

The 6.87-acre property at 1520 NJ-50, Woodbine, offers 270 feet of Route 50 frontage, is zoned CMP for diverse commercial uses, and is priced attractively at $230,000, making it a prime opportunity for development in a strategic location across from Dollar General and near popular local businesses.

zoning

Zoning Code CMP (Commercial)
CMP (Commercial)
  • Listing ID: 19247095

  • Date on Market: 2020-04-16

  • Last Updated:

  • Address: 1520 Nj-50, Woodbine, NJ 08270

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