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    Vineland Auto Repair Shop/Warehouse Title is generated by Realmo AI

    1289 S DELSEA, Vineland, NJ 08360

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    Claim this Listing
    For Sale
    $1,299,000

    COMMERCIAL - Vineland, NJ

    Lot size:
    1.62 Acres
    Added:
    Jul 10, 2025
    Days on Market:
    328
    Last Refresh:
    Jun 2 at 9:06 am

    Property Features for 1289 S DELSEA

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Office
    Parking features
    Off Street
    Security features
    Security Lighting, Security System
    Interior features
    Display Windows, Restroom, Security System, Smoke/Fire Alarm, Storage, Three Phase Electric
    Exterior features
    Loading Dock, Security Light/System, Truck Door
    Standard status
    Active
    Lot size
    1.62 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    22129

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Number of units
    1
    Flooring type
    Concrete
    Roof type
    Flat
    Additional Structures
    Storage

    We can help!

    Listing Contact
    LOUIS FAVA

    Listing agent LOUIS FAVA License #8442699

    Listing office COLLINI REAL ESTATE, LLC 115 ROUTE 50, MAYS LANDING, NJ

    Listing date Jul 10, 2025

    MLS# 598080

    Copyright © 2026 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.

    HighLights

    • Prime location on Delsea Drive, ideal for business.
    • 8‑bay auto repair shop with 12‑foot overhead doors.
    • Attached 40 x 171 warehouse with 10‑foot rear overhead door, showroom, and storefront.
    • B‑2 and UEZ zoning allows for many uses.
    • Clean environmental report on file.
    • Easy access road to Walnut Road for large truck deliveries.

    Overview

    This commercial property, located in Vineland, NJ, features an 8-bay auto repair shop equipped with 12-foot overhead doors. Attached is a 40x171 warehouse with a 10-foot overhead door at the rear. A section of the warehouse is configured as a showroom and storefront. The property also includes a second-floor office and bathroom. It is equipped with 3-phase electric power and LED site lighting. The property is zoned B-2 and UEZ, offering various potential uses. An on-site storm drain system connects to the city system. An access road to Walnut Road facilitates easy deliveries for large trucks. The property has a clean environmental report on file and sits on a 1.62-acre lot. Additional frontage of 160 ft, for a total of 320 ft on Delsea Drive, may be available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nelco Auto Sales Car Dealership Bob's Auto & Truck ... Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office 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

    • Max's Auto Glass & Used Auto Parts — 4425 s main rd, millville, nj 08332
    • THE CHUCK STOP — 4425 S Main Rd, Millville, NJ 08332
    • Used Engines & Transmissions — 3662 S Delsea Dr, Vineland, NJ 08360
    • BJ's Wholesale Club — 3849 S Delsea Dr, Vineland, NJ 08360
    • Mavis Discount Tire — 102 Bluebird Ln, Millville, NJ 08332

    Location Insight

    • Map
    • Local Demand
    City
    Vineland
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.0445029
    Latitude
    39.4682163

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    FAQs

    What type of property is this?
    Auto shop - 8-bay auto shop with attached warehouse and showroom.
    Where is this auto shop located?
    The property is located at 1289 S DELSEA Vineland, NJ.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: Prime location on Delsea Drive, ideal for business.; 8‑bay auto repair shop with 12‑foot overhead doors.; Attached 40 x 171 warehouse with 10‑foot rear overhead door, showroom, and storefront.
    (609) 335-0220
    We can help!
    Listing Contact
    LOUIS FAVA
    Real Estate License ID: 8442699
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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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