Auto Body Shop with
564 Main Road, Vineland, NJ 08360
For Sale
New
$3,500,000
Multiple shop buildings, paved vehicle areas and an on-site residence are part of this established automotive operation.
Property Size16,000 SF
Lot Size10.58 Acres
Price / SF$259.26
Days on Market2
Property Features for 564 Main Road
General Information
Standard status
Size
Lot size
Zoning
Tenancy & Operations
Currently Operating
Real Estate Included
Additional Details
Business Included
Outdoor Storage
Automotive Uses
Taxes and HOA fees
Annual Taxes
Amenities
Electric,Natural Gas
Yes
Natural Gas,Electric
No
All equipment,machinery,tools and furniture used in the daily operation of the body shop,including vehicle lifts,frame machines,body shop equipment and office furniture. All items are included in the
Well
0.00 x 0.00
10.58
Assessor
Negotiable,See Remarks
Driveway,Parking Lot,Private Garage
Fenced,Handicap Parking,Lighted Parking,Paved Parking,Private,Public,Security/Monitored,Unassigned
50
16000.00
135800.00
1
60
Building Details
Building Size
Year Built
Listing Agency:
Weichert Realtors-Mullica Hill
(856) 223-2600
Listed By:
Larry L McBryde
Source:
Moveritenow
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 6 at 1:45PM
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 Weichert Realtors-Mullica Hill
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Investment Insights
Based on property information with market context.
This 10.58-acre automotive property in Franklin Township includes multiple garage and shop buildings, paved areas for vehicle movement and parking, and a residence on site. The body shop is operational, and equipment used in its daily work is included, including vehicle lifts, frame machines, tools, furnishings and other shop equipment.
Zoning is RA. The residence is included with the property; any future subdivision would require a variance and township approvals, which are not guaranteed.
Zoning is RA. The residence is included with the property; any future subdivision would require a variance and township approvals, which are not guaranteed.
Key Highlights
- 10.58 acres in Franklin Township, Gloucester County
- Operational body shop with lifts, frame machines, tools and related equipment included
- Multiple garage and shop buildings with paved areas for vehicle movement and parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,956
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,259,120
$3.3M
Cap Rate 7%
$2,327,943
$2.3M
Cap Rate 9%
$1,810,622
$1.8M
Market Conditions
NOI Build-Up for 13,500 SF
Gross rent
$243.0K $18.00/SF
− Vacancy
−$10.2K −$0.76/SF
EGI
$232.8K $17.24/SF
− OpEx
−$69.8K −$5.17/SF
NOI
$163.0K $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%
$3,259,120
Cap Rate 7%
$2,327,943
Cap Rate 9%
$1,810,622
Alternative Uses
Best Use
Retail
$2.33M
$2.04M – $2.72M
NOI $162,956 @ 7.0% cap · market cap 4.66%
Second Best
Industrial
$1.13M
$986.6K – $1.32M
NOI $78,926 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$20.27M
$17.74M – $23.65M
NOI $1,418,926 @ 7.0% cap · market cap 40.54%
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
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Auto shops in Cumberland County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Newfield Truck Center — 394 Main Rd, Vineland, NJ 08360
- Ralph's Body Shop Inc — 903 Strawberry Ave, Vineland, NJ 08360
- Forest Grove Auto Body — 564 Main Rd, Vineland, NJ 08360
- JJ Hook Towing — 564 Main Rd, Vineland, NJ 08360
Frequently Asked Questions
What type of property is this?
Auto shop - Multiple shop buildings, paved vehicle areas and an on-site residence are part of this established automotive operation.
Where is this auto shop located?
The property is located at 564 Main Road Vineland, NJ.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 10.58 acres in Franklin Township, Gloucester County; Operational body shop with lifts, frame machines, tools and related equipment included; Multiple garage and shop buildings with paved areas for vehicle movement and parking
