Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    1200 N HIGH Street Millville, NJ 08332

    View on Map
    Claim this Listing
    For Lease
    $12 SF/Yr

    CommercialLease - MILLVILLE, NJ

    Type:Office
    Added:
    May 21, 2021
    Days on Market:
    1812
    Last Refresh:
    May 6 at 8:06 am

    Property Features for 1200 N HIGH Street

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    50
    Parking features
    Parking Lot
    Standard status
    Active

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1984
    Number of units
    1
    Building materials
    Brick

    We can help!

    Listing Contact
    Andrew C Miller Jr.

    Listing agent Andrew C Miller Jr. License #8642252

    Listing office Reeves & Melvin 1118 HIGH Street, MILLVILLE, NJ

    Listing date May 21, 2021

    MLS# NJCB132904

    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.

    Overview

    Millville Office/Medical Space For Lease

    Located on the former campus of Millville Hospital, this commercial space offers 20,000 square feet available for lease. The minimum divisible square footage is approximately 1,500 square feet, with multiple configurations possible. It is ideally suited for dental, medical, clerical, professional, accounting, architectural, law, and insurance offices. The lease includes common area maintenance. The tenant is responsible for heat and electric. It is a modified gross lease with a portion of utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mathis Veronica V ... Dental Office Asao Jeffrey K ... Dental Office Christian Fellowship Center ... Church Hillcrest Manor Inc Housing Authority Kristen Shelley, LCSW Foster Care Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Animal Hospital of Millville — 60 Sharp St, Millville, NJ 08332
    • Harold Blumenthal — 60 Sharp St, Millville, NJ 083322444

    Location Insight

    • Map
    • Local Demand
    City
    Millville
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.04055
    Latitude
    39.410285

    Nearby Similar for Lease

    • $11 SF/Yr

      Professional Building in Millville, NJ

      Flexible medical and professional suites available for lease.
      608-616 N HIGH Street, MILLVILLE, NJ 08332
      View Details
    • $1,200/Mo

      Downtown Millville Office Space Available

      Class A office space in Millville's downtown arts district.
      219 N HIGH Street, MILLVILLE, NJ 08332
      View Details
    • $3,681/Mo

      Millville Office Suite For Lease

      Office suite in Millville Airport Industrial Zone available for lease.
      207 BOGDEN Boulevard, MILLVILLE, NJ 08332
      View Details
    • $2,500/Mo

      Millville Executive Office Suite For Rent

      Modern office building in Millville Airport Industrial Zone. Utilities included.
      207 BOGDEN Boulevard, MILLVILLE, NJ 08332
      View Details
    • $650/Mo

      Office Space in Millville, NJ

      Office space for lease in Millville Airport Industrial Zone.
      207 BOGDEN Boulevard, MILLVILLE, NJ 08332
      View Details
    • $700/Mo

      Office Space in Millville, NJ

      Office space for rent in Millville Airport Industrial Zone.
      207 BOGDEN Boulevard, MILLVILLE, NJ 08332
      View Details
    • $11 SF/Yr

      Professional Office Space in Millville

      Flexible medical and professional suites available for lease.
      608-616 High St N Street, Millville, NJ 08332
      View Details
    • Contact for pricing

      Retail Space in Power Center

      Retail opportunity in a multi-anchored shopping center.
      2108 N 2nd St, Millville, NJ
      View Details
    • Contact for pricing

      Retail Space at Walmart Center

      Junior anchor and pad sites available in Millville, New Jersey.
      2225-2291 N 2nd St, Millville, NJ
      View Details
    • Contact for pricing

      Retail Space in Union Lake Crossing

      Retail opportunity in a multi-anchored power center.
      2150 N 2nd St, Millville, NJ
      View Details
    • Contact for pricing

      Retail Space at Walmart Center

      Junior anchor and pad sites available in Millville, New Jersey.
      2267 N 2nd St, Millville, NJ
      View Details
    • Contact for pricing

      Retail Space in Union Lake

      Prime retail opportunity in a high-traffic shopping center.
      2100 N 2nd St, Millville, NJ
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Available space suitable for medical, office, and professional tenants.
    Where is this medical office space located?
    The property is located at 1200 N HIGH Street Millville, NJ.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 20,000+\/- sq. ft available with flexible configurations, minimum divisible area of 1500+\/- sq. ft.; Ideal for medical, dental, clerical, accounting, architecture, law, and insurance offices.; Rent includes common area maintenance.
    (856) 825-0713
    We can help!
    Listing Contact
    Andrew C Miller Jr.
    Real Estate License ID: 8642252
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1200 N HIGH Street, MILLVILLE, NJ 08332
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!