Flex Space with Rental
797 Garrison Road Vineland, NJ 08360
797 Garrison Road, Vineland, NJ, 08360
$299,000
For Sale
$299,000
Business-zoned flex property includes a rental bungalow plus a front office and garage/warehouse, offered as-is.
Property Size2,810 SF
Price / SF$106.41
Days on Market240
Property Features for 797 Garrison Road
General Information
- Standard status
- Active
- Size
- 2,810 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1925
Listing agency
A R Fanucci Real Estate Inc
(609) 805-3757
Listed by
Robert Odorizzi · License #2192025
(609) 805-3757
Source
Xome
Added: Nov 23, 2025 Updated: Jul 20 at 5:26PM Checked: Jul 21 at 3:11AM
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 A R Fanucci Real Estate Inc
Investment Insights
Based on property information with market context.
This for-sale flex space property includes a 1,070-square-foot bungalow generating rental income, along with a smaller front office building and additional garage/warehouse area. The property is being sold strictly in “as is where is” condition.
The site is located on highly traveled S. Delsea Drive, providing business visibility and exposure. The property is in B-3 business zoning, which allows for many potential uses.
The listing is also available for purchase in combination with 2192 S. Delsea Drive (MLS NJCB2028148), which the combined purchase is described as creating 370 feet of frontage on S. Delsea Drive.
The site is located on highly traveled S. Delsea Drive, providing business visibility and exposure. The property is in B-3 business zoning, which allows for many potential uses.
The listing is also available for purchase in combination with 2192 S. Delsea Drive (MLS NJCB2028148), which the combined purchase is described as creating 370 feet of frontage on S. Delsea Drive.
Key Highlights
- 1,070 SF bungalow generates rental income, plus a smaller front office building and additional garage/warehouse
- Business zoning: B 3, offering many potential uses per listing information
- High‑traffic location on highly traveled S. Delsea Drive, providing strong visibility and exposure
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 | $25.3k | $9.00 |
| − Vacancy | −$2.1k | −$0.75 |
| EGI | $23.2k | $8.25 |
| − OpEx | −$3.5k | −$1.24 |
| NOI | $19.7k | $7.02 |
2,810 SF · lease $9.00/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.43M
$3.00M – $4.00M
NOI $240,053 @ 7.0% cap · market cap 80.29%
Second Best
Flex RnD
$429.7K
$376.0K – $501.4K
NOI $30,082 @ 7.0% cap · market cap 10.06%
Theoretical Best
Office A
$4.22M
$3.69M – $4.92M
NOI $295,347 @ 7.0% cap · market cap 98.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Business-zoned flex property includes a rental bungalow plus a front office and garage/warehouse, offered as-is.
Where is this flex space located?
The property is located at 797 Garrison Road Vineland, NJ.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,070 SF bungalow generates rental income, plus a smaller front office building and additional garage/warehouse; Business zoning: B 3, offering many potential uses per listing information; High‑traffic location on highly traveled S. Delsea Drive, providing strong visibility and exposure
