2943 Delesea Dr Vineland, NJ 08360
This exceptional 8.5-acre property in Vineland, New Jersey, presents a unique investment opportunity. Located at 2943 S Delesea Dr., 08360, this semi-improved land is planned for subdivision and conversion into retail/commercial condominium units. Three free-standing condo unit development concepts are currently in the planning stages, designed to front S Delesea Drive. These units are envisioned to cater to a variety of commercial uses, including but not limited to bank, daycare, and pharmacy. The rear of the property is earmarked for a separate development project, with plans currently under consideration for either an assisted living facility, senior housing, or a nursing home. The property's prime location in Vineland, Cumberland County, offers excellent visibility and accessibility, making it an ideal site for a diverse range of commercial ventures. The flexible zoning and development plans provide significant potential for investors seeking a high-return, mixed-use development project. This substantial land parcel offers a rare chance to shape the future of commercial development in a thriving New Jersey community. The latitude and longitude coordinates are 39.443896, -75.039956, respectively. This is a blank canvas for a visionary developer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.