Storefront Property with Commercial
For Sale
$900,000
1843 E Wheat Rd, Vineland, NJ 08361
Storefront property situated within a designated UEZ commercial parcel.
Property Size4,500 SF
Lot Size1.20 Acres
Price / SF$200
Days on Market51
Property Features for 1843 E Wheat Rd
General Information
Standard status
Active
Size
4,500 SF
Lot size
1.20 Acres
Property subtype
Retail
Listing Agency:
Woodbridge
Listed By:
Suketu Shah · License #1755793
(732) 807-0401
Source:
Colliers
Added: Sep 15
Changed: Oct 26
Last Checked: Nov 3 at 3:22AM
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 Woodbridge
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Investment Insights
Based on property information with market context.
This storefront property includes a 4,500 SF building positioned on a 1.2-acre commercial parcel. The asset is located within the Vineland Urban Enterprise Zone (UEZ), combining an existing retail-oriented structure with substantial land area.
The property is at 1843 E Wheat Rd in Vineland, New Jersey, providing a defined commercial site for a buyer seeking a storefront asset with accompanying acreage.
The property is at 1843 E Wheat Rd in Vineland, New Jersey, providing a defined commercial site for a buyer seeking a storefront asset with accompanying acreage.
Key Highlights
- 4,500 SF building
- 1.2‑acre commercial parcel
- Located within Vineland Urban Enterprise Zone (UEZ)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,319
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,086,380
$1.1M
Cap Rate 7%
$775,986
$776.0K
Cap Rate 9%
$603,544
$603.5K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$81.0K $18.00/SF
− Vacancy
−$3.4K −$0.76/SF
EGI
$77.6K $17.24/SF
− OpEx
−$23.3K −$5.17/SF
NOI
$54.3K $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 Rate 5%
$1,086,380
Cap Rate 7%
$775,986
Cap Rate 9%
$603,544
Alternative Uses
Best Use
Retail
$776.0K
$679.0K – $905.3K
NOI $54,319 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.76M
$5.91M – $7.88M
NOI $472,975 @ 7.0% cap · market cap 52.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,835 visits/mo
0.0 miles
Sunoco
Shops & Services
5,075 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront property situated within a designated UEZ commercial parcel.
Where is this storefront property located?
The property is located at 1843 E Wheat Rd Vineland, NJ.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 4,500 SF building; 1.2‑acre commercial parcel; Located within Vineland Urban Enterprise Zone (UEZ)
