1329 Delsea Dr Vineland, NJ 08360
- Commercial real estate
- 1.31 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1329 Delsea Dr
- Year built
- 1956
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.31 lot acres
- Zone code
- B-2
- Property type
- Commercial real estate
- APN
- 14 01601-0000-00095
- APU
- 1401601000000095
Description
This exceptional 1.31-acre commercial property, situated at 1329 N Delsea Drive in Vineland, New Jersey, presents a remarkable investment opportunity. Currently configured as a used auto lot, the property benefits from its high-visibility location on a busy thoroughfare, ensuring significant exposure to potential customers. The existing structures include a small office building and a trailer, both requiring some renovation or updating. This allows for considerable flexibility in customizing the space to perfectly match your specific business requirements. The expansive lot offers ample room for vehicle sales, storage, or a variety of other commercial uses. The property's prime location in a thriving area guarantees strong potential for return on investment. The asking price is $200,000. This is a rare chance to acquire a well-positioned commercial property with significant upside in a desirable New Jersey market. The property's existing infrastructure provides a solid foundation for immediate occupancy and operation, while the ample space allows for future expansion and adaptation. Don't miss this opportunity to secure a valuable asset in a dynamic commercial area. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $270,000
- 6.5%
- $280,000
- 7%
- $260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $275,000
- Mixed-Use
- $235,000
- Hospitality
- $265,000
- Educational
- $295,000
- Residential Income
- $260,000
- Energy
- $235,000
- Income-Based Land
- $255,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Vineland
- County
- Cumberland
- State
- New Jersey
- Longitude
- -75.0406
- Latitude
- 39.5062
- CBSA code
- 47220
- CBSA name
- VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA