511 E GRAPE STREET, Vineland, NJ 08360
CommercialSale - VINELAND, NJ
- Added:
- Jan 22, 2025
- Days on Market:
- 504
- Last Refresh:
- Jun 10 at 10:06 pm
Property Features for 511 E GRAPE STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.14 Acres
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1947
- Architectural style
- Other
Listing agent Loretta DeTetta-Aureli (856) 364-3096
Listing office BHHS Fox & Roach Vineland 1318 S. Main Road, Bldg 2, Unit B, NJ (856) 691-0091
Listing date Jan 22, 2025
Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use property with potential for residential, business, or investment opportunities.
- Two‑story building with a bathroom on each floor, suitable for separate rental units, and a partially finished basement.
- Large, fenced parking lot with a mechanical gate, accommodating 15+ cars.
- Upper level with separate entrance, living room, 2 bedrooms, full bath, and potential kitchen area.
- Roof is only 2 years old.
- Equipped with a security system.
Overview
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $18.00 |
| − Vacancy | −$3.6k | −$1.80 |
| EGI | $32.4k | $16.20 |
| − OpEx | −$12.2k | −$6.07 |
| NOI | $20.3k | $10.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Vineland
- County
- Cumberland
- State
- New Jersey
- Longitude
- -75.025719
- Latitude
- 39.483826