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    Vineland Office Space For Lease Title is generated by Realmo AI

    1103 S DELSEA Drive, Vineland, NJ 08360

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    For Lease
    $10 SF/Yr

    CommercialLease - VINELAND, NJ

    Type:Office
    Lot size:
    3.27 Acres
    Added:
    Oct 1, 2025
    Days on Market:
    225
    Last Refresh:
    May 13 at 7:06 am

    Property Features for 1103 S DELSEA Drive

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    25
    Parking features
    Special Needs, Parking Lot
    Standard status
    Active
    Lot size
    3.27 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1989
    Number of units
    2
    Building materials
    CPVC/PVC, Stucco, Block

    We can help!

    Listing Contact
    Thomas P. Duffy

    Listing agent Thomas P. Duffy License #8932672

    Listing office Keller Williams Realty - Washington Township 381 Egg Harbor Road unit: 2, Sewell, NJ

    Listing date Oct 1, 2025

    MLS# NJCB2026624

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in Vineland's business district with HIGH VISIBILITY and easy access.
    • 4,500 +/- SF of versatile office space suitable for various professional uses.
    • Currently outfitted for medical use with MULTIPLE PRIVATE OFFICES/EXAM ROOMS, reception area, and restrooms.
    • Ample off‑street parking available.
    • Triple Net Lease (NNN) structure: rent, gas, and electricity are the tenant's only responsibilities.
    • Well‑maintained building with modern systems and flexible floor plan.

    Overview

    Located in the heart of Vineland's business district, this approximately 4,500 square foot office space is available for lease. The property, situated at 1103 S Delsea Drive, offers high visibility and easy access along a major corridor. It features ample on-site parking and is currently outfitted for medical use. The interior includes multiple private offices and exam rooms, conference and break areas, a large reception space, restrooms, and generous storage. The property is suitable for a medical, dental, or wellness practice, as well as a wide range of professional, administrative, or service-oriented uses due to its flexible zoning. Additional features include a high-traffic location with great signage potential, a versatile floor plan, and a well-maintained building with modern systems. The landlord is offering a triple net lease, where the tenant pays rent, gas, and electricity. The property is situated on a 3.27-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Joseph Ware Keller ... Real Estate Agency Sacha Borrero Loan Service Breanna L Brandriff, ... Real Estate Agency Elite Advantage Real ... Vocational School Catherine Borrero Loan Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Petco Vaccination Clinic — 3849 S Delsea Dr Ste D0002, Vineland, NJ 08360

    Location Insight

    • Map
    • Local Demand
    City
    Vineland
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.0439103
    Latitude
    39.470768

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    FAQs

    What type of property is this?
    Medical Office Space - 4,500 SF office space in Vineland's business district.
    Where is this medical office space located?
    The property is located at 1103 S DELSEA Drive Vineland, NJ.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Prime location in Vineland's business district with HIGH VISIBILITY and easy access.; 4,500 +/- SF of versatile office space suitable for various professional uses.; Currently outfitted for medical use with MULTIPLE PRIVATE OFFICES/EXAM ROOMS, reception area, and restrooms.
    (856) 218-3400
    We can help!
    Listing Contact
    Thomas P. Duffy
    Real Estate License ID: 8932672
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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