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    1103 W Sherman Ave Vineland, NJ 08360

    For Sale
    $2,595,000

    Commercial - Vineland, NJ

    Days on Market:
    150
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 1103 W Sherman Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COM
    Rooms
    Basement, Bathroom 1, Bathroom 2, Office
    Bathrooms
    2
    Parking features
    Off Street, Paved or Surfaced
    Interior features
    220 Volt Electricity, Handicap Features
    Basement Y/N
    1
    Accessibility
    Accessible Approach with Ramp

    Utilities

    Utilities
    Electricity Available
    Heating system
    Natural Gas, Zoned (Heating)
    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    2006
    Floors in Building
    1
    Flooring type
    Carpet, Carpet - Partial, Linoleum, Vinyl
    Building materials
    Brick
    Roof type
    Asphalt

    eXp, Realty-Northfield (609) 992-6872

    Listing agent HADER RIVAS (609) 992-6872 License #0345922

    Listing date Jul 10, 2025

    MLS# 596751 Listing URL

    Copyright © 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vineland Commercial Office Building Investment

    This commercial office building, located in Vineland's medical and professional corridor, presents an investment opportunity. The 10,000 sq ft building includes approximately 4,500 sq ft of modern office space currently leased to a long-term tenant at $18/sq ft NNN, providing immediate income. The remaining 5,500 sq ft is shell space, listed for lease at $20/sq ft, allowing customization for medical, office, or professional use. The building is already cash flowing, which makes it ideal for investors or owner-occupants looking to offset expenses with existing rental income. The property is strategically located near Inspira Medical Center Vineland, a 305-bed facility that has recently undergone a $34 million expansion. The property benefits from Vineland's pro-business environment, including Urban Enterprise Zone incentives such as reduced sales tax rates and potential tax credits for eligible businesses. The city's ongoing economic development initiatives aim to attract new businesses and support existing ones, enhancing the area's commercial appeal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Ana Altarriba-Walsh Dentist George T. Bennett, ... Chiropractor Dr. Philip Dorsey Urologist Sanjay S. Kasturi, ... Urologist Mrs. Candice Wasolaskus Nutritionist

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Hair Salon Dental Office Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Vineland
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.0498773
    Latitude
    39.4440429

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    FAQs

    What type of property is this?
    Office building - Prime commercial office building in Vineland's thriving business district.
    Where is this office building located?
    The property is located at 1103 W Sherman Ave Vineland, NJ.
    What is the asking price?
    The asking price for this property is $2,595,000.
    What are key features of this property?
    This property features: - Prime location in Vineland's business district near Inspira Medical Center Vineland.; - Cash-flowing property with 4,500 sq ft leased at $18/sq ft NNN, providing immediate income.; - **5,500 sq ft of shell space available for customization** (medical, office, professional).
    (609) 992-6872
    Request Owner's contact information
    1103 W Sherman Ave Vineland, NJ 08360
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1103 W Sherman Ave Vineland, NJ 08360
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