Storefront with Attic
New
For Sale
$249,000
2453 DELSEA DRIVE, Franklinville, NJ 08322
A full bath, multiple rooms, and a private parking lot support a range of commercial layouts.
Property Size1,050 SF
Price / SF$237.14
Days on Market6
Property Features for 2453 DELSEA DRIVE
General Information
Standard status
Active
Size
1,050 SF
Property subtype
Commercial
Amenities
own parking lot
full bath
attic storage
new roof
Building Details
Year Built
1945
Listing Agency:
Century 21 Rauh & Johns
(856) 582-0366
Listed By:
Peter C Sideris · License #0560849
(856) 905-7458
Source:
Cummingsrealtors
Added: Oct 1
Changed: Oct 6
Last Checked: Oct 5 at 7:21PM
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 Century 21 Rauh & Johns
Investment Insights
Based on property information with market context.
This 1,050-square-foot storefront was built in 1945 and has been remodeled, with updated walls, flooring, and lighting. The interior includes several rooms and a full bath. A pull-down stairway leads to an attic with standing-height storage space, and the building has a new roof.
The property is next to a Super Wawa in the center of town at 2453 Delsea Drive in Franklinville, New Jersey. It includes its own parking lot and is offered for sale, lease, or lease purchase.
The property is next to a Super Wawa in the center of town at 2453 Delsea Drive in Franklinville, New Jersey. It includes its own parking lot and is offered for sale, lease, or lease purchase.
Key Highlights
- 1,050‑square‑foot storefront
- Multiple rooms and a full bath
- Attic with standing‑height storage, accessed by pull‑down stairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,886
Cap Rate
4.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,720
$237.7K
Cap Rate 7%
$169,800
$169.8K
Cap Rate 9%
$132,067
$132.1K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$17.9K $17.04/SF
− Vacancy
−$912 −$0.87/SF
EGI
$17.0K $16.17/SF
− OpEx
−$5.1K −$4.85/SF
NOI
$11.9K $11.32/SF
Area
Gloucester County, NJ
Vacancy
5.10%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,720
Cap Rate 7%
$169,800
Cap Rate 9%
$132,067
Alternative Uses
Best Use
Retail
$169.8K
$148.6K – $198.1K
NOI $11,886 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$352.9K
$308.8K – $411.8K
NOI $24,706 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08322, NJ
10,325
Population
3,687
Households
2.8
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
29.1 sq mi
ZIP Area
355
Density / Sq Mi
$117,602
Median Household Income
$51,067
Median Earnings
$1,504
Median Rent
$280,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - A full bath, multiple rooms, and a private parking lot support a range of commercial layouts.
Where is this storefront property located?
The property is located at 2453 DELSEA DRIVE Franklinville, NJ.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1,050‑square‑foot storefront; Multiple rooms and a full bath; Attic with standing‑height storage, accessed by pull‑down stairs
