Retail Suite with Storage
For Sale
$150,000
2630 E Chestnut Avenue D7, Vineland, NJ 08361
Retail suite featuring an expansive front room, two storage rooms, and a bathroom for ready occupancy.
Property Size900 SF
Price / SF$166.67
Days on Market100
Property Features for 2630 E Chestnut Avenue D7
General Information
Standard status
Active
Size
900 SF
Building Details
Year Built
1970
Listing Agency:
Keller Williams Prime Realty
Listed By:
Brittany B. Lopez · License #1751783
(856) 506-7995
Source:
Kandorre
Added: Jul 20
Changed: Oct 25
Last Checked: Oct 7 at 1:14PM
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 Keller Williams Prime Realty
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Investment Insights
Based on property information with market context.
This for-sale retail suite is laid out with an expansive front room designed for showcasing a business. The unit also includes two versatile storage rooms and a bathroom, supporting straightforward day-to-day operations.
The property is located at 2630 E Chestnut Avenue, Unit D7, in Vineland, New Jersey. Public remarks note the space is positioned for visibility and accessibility for a commercial tenant.
The offering is listed as a retail unit with existing interior improvements including the front showroom area, storage, and bathroom.
The property is located at 2630 E Chestnut Avenue, Unit D7, in Vineland, New Jersey. Public remarks note the space is positioned for visibility and accessibility for a commercial tenant.
The offering is listed as a retail unit with existing interior improvements including the front showroom area, storage, and bathroom.
Key Highlights
- Commercial retail suite with an expansive front room for showcasing your business
- Includes two storage rooms
- Bathroom included in the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,864
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,280
$217.3K
Cap Rate 7%
$155,200
$155.2K
Cap Rate 9%
$120,711
$120.7K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$16.2K $18.00/SF
− Vacancy
−$680 −$0.76/SF
EGI
$15.5K $17.24/SF
− OpEx
−$4.7K −$5.17/SF
NOI
$10.9K $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%
$217,280
Cap Rate 7%
$155,200
Cap Rate 9%
$120,711
Alternative Uses
Best Use
Retail
$155.2K
$135.8K – $181.1K
NOI $10,864 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,595 @ 7.0% cap · market cap 63.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Wawa
Shops & Services
29,375 visits/mo
0.2 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
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Retail suite featuring an expansive front room, two storage rooms, and a bathroom for ready occupancy.
Where is this retail space located?
The property is located at 2630 E Chestnut Avenue D7 Vineland, NJ.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Commercial retail suite with an expansive front room for showcasing your business; Includes two storage rooms; Bathroom included in the suite
