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    1361 Chestnut Ave Vineland, NJ 08361

    For Sale
    $985,000

    Prime Retail Location, NNN Lease

    Property size:
    1,102 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,102 square foot gas station property, situated on a 0.48-acre lot in East Vineland, New Jersey, presents a compelling investment opportunity. Located at 1361 East Chestnut Avenue, this NNN-leased retail site boasts a premier corner location with superior visibility and high traffic counts. Over 30,000 vehicles daily traverse this signalized intersection, providing significant exposure for any business. The property features over 200 feet of frontage on East Chestnut Avenue and 140 feet along South Main Road. Its strategic location offers easy access to major highways, Routes 55 and 40, and is in close proximity to the Cumberland Mall and other key retail destinations, including the Maintree Shopping Center, TD Bank, and CVS Pharmacy. The existing infrastructure includes a 1,102 square foot building/convenience store, four pump islands with four MPDs, three 10,000-gallon double-wall steel USTs (installed in 1997), a CRIND system, and a Veeder-Root system. This property is ideal for a variety of professional and retail uses, making it an attractive investment for discerning buyers. The asking price is $985,000. The property's address is 1361 East Chestnut Avenue, Vineland, NJ 08361.

    Property Features for 1361 Chestnut Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    1,102 SF
    Lot Size
    20,909 SF

    HighLights

    • Premier corner location in East Vineland, NJ.
    • High visibility and superior demographics.
    • Adjacent to Maintree Shopping Center, TD Bank, and CVS Pharmacy.
    • Signalized intersection with over 30,000 vehicles daily.
    • Over 200 feet of frontage on East Chestnut Avenue and 140 feet on South Main Road.
    • Suitable for various retail and professional uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vineland
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.0010311
    Latitude
    39.4775794

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    FAQs

    What type of property is this?
    Automotive property - Prime Retail Location, NNN Lease
    Where is this automotive property located?
    The property is located at 1361 Chestnut Ave Vineland, NJ.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: Premier corner location in East Vineland, NJ.; High visibility and superior demographics.; Adjacent to Maintree Shopping Center, TD Bank, and CVS Pharmacy.
    Request Owner's contact information
    1361 Chestnut Ave Vineland, NJ 08361
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    Vineland, NJ 08361
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1361 Chestnut Ave Vineland, NJ 08361
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