Mixed-Use Corner
1381 DELSEA DRIVE, Woodbury, NJ 08096
For Sale
New
$1,300,000
The property offers substantial road frontage and parking for its mixed-use configuration.
Property Size4,800 SF
Days on Market6
Property Features for 1381 DELSEA DRIVE
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
The Plum Real Estate Group, LLC
Listed By:
George L Plum · License #0903493
(856) 537-5464
Source:
Patmckennarealtors
Added: Nov 4
Changed: Nov 7
Last Checked: Nov 8 at 11:39AM
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 The Plum Real Estate Group, 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 property, built in 1940, occupies a corner along Delsea Drive in Deptford Township. It includes 200 feet of road frontage and ample parking.
The property is occupied.
The property is occupied.
Key Highlights
- 200 feet of road frontage
- Corner location on Delsea Drive in Deptford Township
- Ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,992
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,840
$1.1M
Cap Rate 7%
$757,029
$757.0K
Cap Rate 9%
$588,800
$588.8K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$92.2K $19.20/SF
− Vacancy
−$7.4K −$1.54/SF
EGI
$84.8K $17.66/SF
− OpEx
−$31.8K −$6.62/SF
NOI
$53.0K $11.04/SF
Area
Gloucester County, NJ
Vacancy
8.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,840
Cap Rate 7%
$757,029
Cap Rate 9%
$588,800
Alternative Uses
Best Use
Mixed Use
$757.0K
$662.4K – $883.2K
NOI $52,992 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,943 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
284
Businesses Nearby
Explore this area
Business Placement
Demographics for 08096, NJ
36,355
Population
15,013
Households
2.4
Avg Household Size
41
Median Age
30%
College-Educated
92%
High-School Grad
13.9 sq mi
ZIP Area
2,615
Density / Sq Mi
$89,483
Median Household Income
$49,480
Median Earnings
$1,446
Median Rent
$248,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property offers substantial road frontage and parking for its mixed-use configuration.
Where is this mixed-use property located?
The property is located at 1381 DELSEA DRIVE Woodbury, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 200 feet of road frontage; Corner location on Delsea Drive in Deptford Township; Ample parking
