Vineland Retail Property For
For Sale
$929,900
3662 S Delsea Dr, Vineland, NJ 08360
Retail property for sale, located across from Cumberland Mall.
Property Size5,900 SF
Price / SF$157.61
Days on Market168
Property Features for 3662 S Delsea Dr
General Information
Standard status
Active
Size
5,900 SF
Total Parking Spaces
10
Zoning
B-3
Taxes and HOA fees
Annual Taxes
$11,806
Amenities
Central Air
Forced Air, Natural Gas
Building Details
Building Size
5,900 SF
Year Built
1950
Listing Agency:
Berkshire Hathaway HomeServices Fox & Roach REALTORS Northfield
(609) 226-6680
Listed By:
Richard Baehrle · License #8436462
(609) 226-6680
Source:
Evrealestate
Added: Mar 16
Changed: Aug 26
Last Checked: Aug 29 at 8:01AM
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 Berkshire Hathaway HomeServices Fox & Roach REALTORS Northfield
Investment Insights
Based on property information with market context.
This retail property, with a size of 5900 square feet, is located on S Delsea Dr in Vineland, New Jersey, across from the Cumberland Mall.
Key Highlights
- Location: Across from Cumberland Mall
- Cooling: Central Air
- Heating: Forced Air
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
$71,218
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
7.66%
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%
$1,424,360
$1.4M
Cap Rate 7%
$1,017,400
$1.0M
Cap Rate 9%
$791,311
$791.3K
Market Conditions
NOI Build-Up for 5,900 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
$106.2K $18.00/SF
− Vacancy
−$4.5K −$0.76/SF
EGI
$101.7K $17.24/SF
− OpEx
−$30.5K −$5.17/SF
NOI
$71.2K $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%
$1,424,360
Cap Rate 7%
$1,017,400
Cap Rate 9%
$791,311
Alternative Uses
Best Use
Retail
$1.02M
$890.2K – $1.19M
NOI $71,218 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.86M
$7.75M – $10.34M
NOI $620,123 @ 7.0% cap · market cap 66.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
489k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 28%
Apparel 26%
Home Improvements & Furnishings 14%
Dining 12%
Boscov's
Apparel
62,888 visits/mo
0.3 miles
BJ's Wholesale Club
Superstores
45,066 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
43,770 visits/mo
0.4 miles
Michaels
Shops & Services
39,984 visits/mo
0.1 miles
Marshalls
Apparel
33,056 visits/mo
0.1 miles
Demographics for 08360, NJ
43,043
Population
16,797
Households
2.6
Avg Household Size
38
Median Age
17%
College-Educated
79%
High-School Grad
44.3 sq mi
ZIP Area
972
Density / Sq Mi
$62,604
Median Household Income
$37,236
Median Earnings
$1,164
Median Rent
$199,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Retail property for sale, located across from Cumberland Mall.
Where is this storefront property located?
The property is located at 3662 S Delsea Dr Vineland, NJ.
What is the asking price?
The asking price for this property is $929,900.
What are key features of this property?
This property features: Location: Across from Cumberland Mall; Cooling: Central Air; Heating: Forced Air
