Move-In Office
For Sale
Contact for pricing
2563 DELSEA DRIVE, Franklinville, NJ 08322
Office suite with reception area, kitchenette, and bath, with room to add office space, showroom, or storage.
Property Size1,537 SF
Price / SF$2.08
Days on Market101
Property Features for 2563 DELSEA DRIVE
General Information
Standard status
Active
Size
1,537 SF
Property subtype
Commercial
Additional Details
Road Access
Yes
Amenities
reception area
kitchenette
bath
Building Details
Year Built
1970
Listing Agency:
Century 21 Rauh & Johns
(856) 582-0366
Listed By:
James W Sullivan III · License #8937476
(609) 820-7011
Source:
Cummingsrealtors
Added: Jul 20
Changed: Oct 27
Last Checked: Oct 28 at 7:11AM
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
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 move-in-ready office suite includes a reception area, kitchenette, and bath. In addition to the existing interior space, there is opportunity to expand into additional office space, or adapt areas for possible showroom or storage use.
The property is located on Delsea Drive in the middle of town. Public remarks note that Franklinville Inn, Franklinville Library/Senior Center, and WA-WA are within walking distance.
The space is described as ready for business and is intended for immediate occupancy, with flexibility for additional functional uses based on the tenant’s needs.
The property is located on Delsea Drive in the middle of town. Public remarks note that Franklinville Inn, Franklinville Library/Senior Center, and WA-WA are within walking distance.
The space is described as ready for business and is intended for immediate occupancy, with flexibility for additional functional uses based on the tenant’s needs.
Key Highlights
- Office suite built in 1970 with reception area, kitchenette, and bath.
- Includes an existing reception area and kitchenette, plus bathroom facilities.
- Additional space can be used for more office space, a showroom, or storage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,239
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,780
$484.8K
Cap Rate 7%
$346,271
$346.3K
Cap Rate 9%
$269,322
$269.3K
Market Conditions
NOI Build-Up for 1,537 SF
Gross rent
$39.7K $25.80/SF
− Vacancy
−$7.3K −$4.77/SF
EGI
$32.3K $21.03/SF
− OpEx
−$8.1K −$5.26/SF
NOI
$24.2K $15.77/SF
Area
Gloucester County, NJ
Vacancy
18.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$484,780
Cap Rate 7%
$346,271
Cap Rate 9%
$269,322
Alternative Uses
Best Use
Office B
$346.3K
$303.0K – $404.0K
NOI $24,239 @ 7.0% cap · market cap 757.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$516.6K
$452.1K – $602.8K
NOI $36,165 @ 7.0% cap · market cap 1,130.16%
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Office suite with reception area, kitchenette, and bath, with room to add office space, showroom, or storage.
Where is this office unit located?
The property is located at 2563 DELSEA DRIVE Franklinville, NJ.
What are key features of this property?
This property features: Office suite built in 1970 with reception area, kitchenette, and bath.; Includes an existing reception area and kitchenette, plus bathroom facilities.; Additional space can be used for more office space, a showroom, or storage.
