38.97822 -74.90777

705 Route 9 Cape May, NJ 08204

323638157 38.97822 -74.90777 2409 /listing/323638157-150215197/705-route-9-cape-may-nj-08204 False 0 3500000.0 102 223046 False
  • $3,500,000
  • 11.85 acre lot
  • Est payment $18788.76/mo

Property & Neighborhood Info

Courtesy Of James Catanoso, deSatnick Real Estate LLC - North Wildwood

Vacant Land in Lower Township

11.85 acres just a short distance to Cape May and the Wildwoods. Currently used as a solar field. This property once had approvals for approximately 48 three bedroom, two bath townhouses (see pictures and associated docs for plans). There are approximately six years left on the solar lease. At the termination of the lease in January 2028, the solar panels become property of the property owner. Currently, solar panels are owned and maintained by a third party company. Property and office building are being sold strictly in "AS-IS" condition. Solar panels have an expected life usage of 25 years, which gives the new owner the opportunity to continue the solar field operation (approximately 10 years left). Keep the panels or remove and pursue development opportunities.

Courtesy Of James Catanoso, deSatnick Real Estate LLC - North Wildwood
  1. 11.85 acre Lot

Main Features

  • Listing Status: Active
  • County: Cape May
  • Taxes: $10,958.52
  • Tax Year: 2021
  • Zoning: Commercial
  • MLS Number:223046

Additional Features

  • Location:
    • Mainland
    • Other (See Remarks)
  • Improvements:
    • Electric
    • Gas
    • Other (See Remarks)
    • Sewer
    • Water
  • Topography:
    • Level
  • Zoning:
    • Commercial
    • Other (See Remarks)
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Calloway Realty
Calloway Realty
(609) 522-7777
7601 Pacific Ave Wildwood Crest NJ 08260
no name available Calloway Realty
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38.97822 -74.90777

705 Route 9 Cape May, NJ 08204

323638157 38.97822 -74.90777 2409 /listing/323638157-150215197/705-route-9-cape-may-nj-08204 False 0 3500000.0 102 223046 False
  • $3,500,000
  • 11.85 acre lot
  • Est payment $18788.76/mo