Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    117 Delsea Dr Sewell, NJ 08080

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime commercial property with high traffic and flexible zoning.

    Lot size:
    1.69 Acres

    Property Features for 117 Delsea Dr

    General Information

    Standard status
    Active
    Lot size
    1.69 Acres

    Building Details

    Year built
    9999

    We can help!

    Listing Contact
    Chris J Teti
    Source: Exitrealty

    Listing Agency: Better Homes and Gardens Real Estate Maturo Listing Agent: Chris J Teti

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

    Learn more

    Overview

    High-Visibility Commercial Property For Sale

    This high-visibility commercial property is located at a busy intersection with over 25,000 daily vehicles. The property is zoned High Commercial and is directly adjacent to major national brands. The 1.69-acre property has over 300 feet of frontage on Delsea Drive and an additional 150 feet of frontage on Blackwood Barnsboro Road, allowing for seamless access, parking, and product delivery. It offers a complete pass-through block, enhancing convenience for customers and operations. The building features two floors, a full basement, and a walk-up attic for ample storage. The first floor includes multiple office spaces, a reception area, and two half-bathrooms, suitable for professional or retail use. The second floor offers a kitchen, two bedrooms, and access to additional attic storage, providing versatile space for a variety of business needs. An additional 0.689-acre adjacent lot is available, which includes a 3-bedroom, 1.5-bath single-family home, a 2-bay truck garage, two additional garage spaces, and three sheds ideal for storage or expansion. The combined properties offer over 2 acres of prime commercial space, providing abundant room for business growth and development. This location is suitable for a wide range of businesses, from retail and hospitality to professional services.
    Location Intelligence

    Current Use by Public Records

    Enright & Sons HVAC Service

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Sewell
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.1022831
    Latitude
    39.7822605

    Nearby Similar for Sale

    • $170,000
      Pending

      Sewell Medical/Professional Office Condo

      Turnkey 1,050 SF office condo in Sewell, NJ.
      539 Egg Harbor Rd, Sewell, NJ 08080
      View Details
    • Contact for pricing
      1,050 SF

      Turnkey Medical Office Condo

      1,050 SF medical/professional office condo in Sewell, NJ.
      539 Egg Harbor Rd, Sewell, NJ 08080
      View Details
    • $550,000
      0.51 Acres

      Retail Building in High-Traffic Area

      5,000 sq ft building with high visibility and easy access.
      100 Tuckahoe Rd, Sewell, NJ 08080
      View Details
    • $1,250,000
      6,000 SF

      Sewell Commercial Property For Sale

      Fully occupied 5-unit commercial property with income and growth potential.
      975 Bridgeton Pike, Sewell, NJ 08080
      View Details
    • Contact for pricing
      3.33 Acres

      Remodeled Retail Space Available Now

      Turnkey retail space in Sewell, NJ. Available immediately.
      201 Egg Harbor Rd, Sewell, NJ 08080
      View Details
    • $1,299,500
      2,557 SF

      Established Vineyard Farm with Residence

      27-acre Sewell, NJ farm with vineyard, residence, and subdivision potential.
      380 Heritage Rd, Sewell, NJ 08080
      View Details
    • $199,900
      Pending

      Sewell Condo with Two Bedrooms

      Two-bedroom condo in Sewell, New Jersey, ideal starter home.
      20 Kent Pl, Sewell, NJ 08080
      View Details
    • Contact for pricing

      Restaurant and Retail Space Available

      Restaurant and retail spaces with high visibility and accessibility.
      141 Tuckahoe Rd, Sewell, NJ 08080
      View Details
    • Contact for pricing

      Renovated Industrial Building with Bays

      Renovated 10,000 SF building with 11 drive-in bays.
      227 Delsea Dr, Sewell, NJ 08080
      View Details
    • Contact for pricing

      Medical Office Near Jefferson Hospital

      First-floor medical office space with basement storage and abundant light.
      102A Kings Way, Sewell, NJ 08080
      View Details
    • $1,800,000

      Medical/Dental Office Building For Sale

      Upgraded medical/dental office building in Sewell, NJ for sale.
      340 Egg Harbor Rd, Sewell, NJ 08080
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial property with high traffic and flexible zoning.
    Where is this commercial land located?
    The property is located at 117 Delsea Dr Sewell, NJ.
    What are key features of this property?
    This property features: - High-visibility location at a busy intersection with 25,000+ daily vehicles.; - Zoned High Commercial with frontage on two major roads (Delsea Drive and Blackwood Barnsboro Road).; - 1.69-acre property with a building featuring multiple office spaces, reception area, and storage.
    (856) 316-0777
    Request Owner's contact information
    117 Delsea Dr Sewell, NJ 08080
    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.
    117 Delsea Dr
    Sewell, NJ 08080
    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
    117 Delsea Dr Sewell, NJ 08080
    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

    We can help!
    Listing Contact
    Chris J Teti
    (856) 316-0777
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!