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    535 Delsea Dr Franklin, NJ

    For Lease
    $12 SF/Yr ($1,080 /Mo)

    New retail shopping center at Route 55 and Route 40.

    Property size:
    1,080 SF
    Lot size:
    2.96 Acres

    Property Features for 535 Delsea Dr

    General Information

    Size
    1,080 SF
    Lot size
    2.96 Acres

    Source: Vantage Commercial Agent Vincent "Vince" Ceroli

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Growing Area

    This new retail shopping center is located at the intersection of Route 55 and Route 40 on Delsea Drive (Route 47). The location is near a prominent intersection with a Wawa, CVS, and diners, and serves as a truck route between Vineland and Salem City. The surrounding areas of Franklinville, Malaga, and Newfield are experiencing growth in residential and industrial developments. This region of Gloucester County serves South Jersey’s industrial market and commuter traffic on Route 55. The property offers 1080 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Similar Places Nearby

    Matthews Plaza

    Map

    City
    Franklin
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.5804378
    Latitude
    41.1220409

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    FAQs

    What type of property is this?
    Shopping center - New retail shopping center at Route 55 and Route 40.
    Where is this shopping center located?
    The property is located at 535 Delsea Dr Franklin, NJ.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - New retail shopping center at the intersection of Route 55 and Route 40 on Delsea Drive (Route 47).; - Located on a truck route between Vineland and Salem City.; - Close proximity to Wawa, CVS, and diners.
    (856) 797-1919
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    Franklin, NJ
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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
    535 Delsea Dr Franklin, NJ
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