Mixed-Use Income
For Sale
$1,495,000
1071 E Landis Ave, Vineland, NJ 08360
Mixed-use building offering multifamily, office, and retail space totaling 3,966 SF.
Property Size3,966 SF
Price / SF$376.95
Days on Market96
Property Features for 1071 E Landis Ave
General Information
Standard status
Active
Size
3,966 SF
Building Details
Year Built
1975
Listing Agency:
EXP Realty, LLC
Listed By:
Carlo Drogo Sr. · License #1756500
(856) 692-4368
Source:
Tbhteam
Added: Jul 20
Changed: Oct 5
Last Checked: Oct 7 at 2:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use income property combines multifamily, office, and retail space under one roof, totaling 3,966 SF. The offering is presented as a for-sale mixed-use, multifamily, office, and retail asset.
The property is located at 1071 E Landis Ave in Vineland, NJ. Public remarks also reference 02/18/2022.
If you’re evaluating a multi-component setup for leasing flexibility, this building provides multiple revenue streams across residential and commercial uses within the same property footprint.
The property is located at 1071 E Landis Ave in Vineland, NJ. Public remarks also reference 02/18/2022.
If you’re evaluating a multi-component setup for leasing flexibility, this building provides multiple revenue streams across residential and commercial uses within the same property footprint.
Key Highlights
- Mixed‑use building offering multifamily, office, and retail space totaling 3,966 SF
- Built in 1975
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,480
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$949,600
$949.6K
Cap Rate 7%
$678,286
$678.3K
Cap Rate 9%
$527,556
$527.6K
Market Conditions
NOI Build-Up for 3,966 SF
Gross rent
$92.3K $23.28/SF
− Vacancy
−$6.0K −$1.51/SF
EGI
$86.3K $21.77/SF
− OpEx
−$38.8K −$9.80/SF
NOI
$47.5K $11.97/SF
Area
Cumberland County, NJ
Vacancy
6.50%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$949,600
Cap Rate 7%
$678,286
Cap Rate 9%
$527,556
Alternative Uses
Best Use
Apartment 5plus
$678.3K
$593.5K – $791.3K
NOI $47,480 @ 7.0% cap · market cap 3.18%
Second Best
Mixed Use
$573.7K
$502.0K – $669.3K
NOI $40,156 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$5.95M
$5.21M – $6.95M
NOI $416,849 @ 7.0% cap · market cap 27.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
959
Businesses Nearby
Explore this area
Business Placement
Demographics for 08360, NJ
43,043
Population
16,797
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
79%
High-School Grad
44.3 sq mi
ZIP Area
972
Density / Sq Mi
$62,604
Median Household Income
$37,236
Median Earnings
$1,164
Median Rent
$199,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building offering multifamily, office, and retail space totaling 3,966 SF.
Where is this mixed-use property located?
The property is located at 1071 E Landis Ave Vineland, NJ.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Mixed‑use building offering multifamily, office, and retail space totaling 3,966 SF; Built in 1975
