Garage with Fenced Storage
5373 Chestnut Ave Vineland, NJ 08360
5373 Chestnut Ave, Vineland, NJ, 08360
$399,000
Pending
For Sale
$399,000
Pending
Well-maintained garage includes 6 overhead doors, office and reception areas, and a fenced storage yard.
Property Size3,700 SF
Days on Market162
Property Features for 5373 Chestnut Ave
General Information
- Standard status
- Pending
- Size
- 3,700 SF
Listing agency
Collini Real Estate LLC
(856) 692-9933
Listed by
Brian R Collini · License #0455485
(856) 692-9933
Source
Exprealty
Added: Feb 10 Updated: Jul 21 at 4:44PM Checked: Jul 21 at 4:44PM
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 Collini Real Estate LLC
Investment Insights
Based on property information with market context.
This well-maintained garage offers multiple work and storage spaces designed for flexible use. The building includes a parts/storage room, a reception area, an office, and a full bath. The main garage has 12'-14' ceiling height and features six overhead doors, including three 10 x 12, two 10 x 10, and one 10 x 8. Outside, the property includes a fenced-in storage yard.
The property sits on a large corner lot, which can provide strong visibility for a business operating from the site. The seller may consider a lease.
With the combination of office support space, multiple overhead bays, and yard storage, the property is well suited for users who need both enclosed work areas and secure exterior space.
The property sits on a large corner lot, which can provide strong visibility for a business operating from the site. The seller may consider a lease.
With the combination of office support space, multiple overhead bays, and yard storage, the property is well suited for users who need both enclosed work areas and secure exterior space.
Key Highlights
- Well‑maintained garage with over 3,700 SF of space for a variety of uses
- 6 overhead doors: three 10' x 12', two 10' x 10', and one 10' x 8'
- Main garage ceiling height of 12'–14'
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.3k | $9.00 |
| − Vacancy | −$2.8k | −$0.75 |
| EGI | $30.5k | $8.25 |
| − OpEx | −$4.6k | −$1.24 |
| NOI | $26.0k | $7.02 |
3,700 SF · lease $9.00/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Retail
$638.0K
$558.3K – $744.4K
NOI $44,662 @ 7.0% cap · market cap 11.19%
Second Best
Warehouse
$370.8K
$324.5K – $432.6K
NOI $25,956 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$5.56M
$4.86M – $6.48M
NOI $388,891 @ 7.0% cap · market cap 97.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
A Plus Truck Sales
Auto Repair Shop
Laielli's Garage
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- A Plus Truck Sales — 5373 Chestnut Ave, Vineland, NJ 08360
- Real Speed Automotive — 4934 Landis Ave, Vineland, NJ 08360
FAQs
What type of property is this?
Auto shop - Well-maintained garage includes 6 overhead doors, office and reception areas, and a fenced storage yard.
Where is this auto shop located?
The property is located at 5373 Chestnut Ave Vineland, NJ.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Well‑maintained garage with over 3,700 SF of space for a variety of uses; 6 overhead doors: three 10' x 12', two 10' x 10', and one 10' x 8'; Main garage ceiling height of 12'–14'
