Flex Retail-Office
For Sale
$425,000
1680 E Oak Road, Vineland, NJ 08361
Commercial building with an open floor plan, private offices, restrooms, kitchenette, and rear garage storage with overhead door.
Property Size2,944 SF
Price / SF$144.36
Days on Market61
Property Features for 1680 E Oak Road
General Information
Standard status
Active
Size
2,944 SF
Property subtype
Commercial
Zoning
B-3
Additional Details
Highway Access
Yes
Amenities
private offices
bathrooms
kitchenette
computer/server room
storage room
rear garage storage area with overhead door
Building Details
Year Built
1959
Listing Agency:
A J Falciani Realty
(856) 692-8221
Listed By:
Lisa Sparks · License #1972234
(800) 299-2129
Source:
Actionplusrealty
Added: Jun 24
Changed: Aug 23
Last Checked: Aug 22 at 10:41AM
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 A J Falciani Realty
Investment Insights
Based on property information with market context.
This commercial building offers a flexible interior layout designed to support a range of business uses. The space includes a large open floor plan plus two private offices and two bathrooms, along with a kitchenette, computer/server room, and storage room. At the rear, there is a garage storage area with an overhead door for convenient loading and additional storage. Recent updates include updated electrical service, two-zone gas heating, and two-zone central air conditioning.
The property is located on E. Oak Road in Vineland and benefits from a high-traffic location with visibility and easy access to Route 55 and Vineland’s major commercial corridors.
Zoned B-3, the building is suitable for a variety of permitted commercial uses, with efficient climate control throughout and an accessible back-of-house storage setup.
The property is located on E. Oak Road in Vineland and benefits from a high-traffic location with visibility and easy access to Route 55 and Vineland’s major commercial corridors.
Zoned B-3, the building is suitable for a variety of permitted commercial uses, with efficient climate control throughout and an accessible back-of-house storage setup.
Key Highlights
- 2,944± SF commercial building on E. Oak Road in Vineland with an open floor plan
- Zoned B‑3, suited for a variety of permitted commercial uses
- Layout includes two private offices, two bathrooms, kitchenette, computer/server room, and storage room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,536
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$710,720
$710.7K
Cap Rate 7%
$507,657
$507.7K
Cap Rate 9%
$394,844
$394.8K
Market Conditions
NOI Build-Up for 2,944 SF
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.
Gross rent
$53.0K $18.00/SF
− Vacancy
−$2.2K −$0.76/SF
EGI
$50.8K $17.24/SF
− OpEx
−$15.2K −$5.17/SF
NOI
$35.5K $12.07/SF
Area
Cumberland County, NJ
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$710,720
Cap Rate 7%
$507,657
Cap Rate 9%
$394,844
Alternative Uses
Best Use
Office B
$3.59M
$3.14M – $4.19M
NOI $251,500 @ 7.0% cap · market cap 59.18%
Second Best
Retail
$507.7K
$444.2K – $592.3K
NOI $35,536 @ 7.0% cap · market cap 8.36%
Theoretical Best
Office A
$4.42M
$3.87M – $5.16M
NOI $309,431 @ 7.0% cap · market cap 72.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Explore this area
Business Placement
Demographics for 08361, NJ
18,669
Population
6,760
Households
2.8
Avg Household Size
44
Median Age
39%
College-Educated
87%
High-School Grad
30.3 sq mi
ZIP Area
616
Density / Sq Mi
$103,482
Median Household Income
$52,379
Median Earnings
$1,407
Median Rent
$271,300
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercial building with an open floor plan, private offices, restrooms, kitchenette, and rear garage storage with overhead door.
Where is this retail space located?
The property is located at 1680 E Oak Road Vineland, NJ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,944± SF commercial building on E. Oak Road in Vineland with an open floor plan; Zoned B‑3, suited for a variety of permitted commercial uses; Layout includes two private offices, two bathrooms, kitchenette, computer/server room, and storage room
