1573 Delsea Dr Vineland, NJ 08360
- Commercial real estate
- 962 SF
- 4.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1573 Delsea Dr
- Year built
- 1927
- Construction
- FRAME
- Lot size
- 4.10 lot acres
- Property size
- 962 SF
- Zone code
- 1
- Property type
- Commercial real estate
- APN
- 14 05701-0000-00056
- APU
- 1405701000000056
Description
This exceptional 4.1-acre commercial property in Vineland, NJ, presents a unique investment opportunity. Located at 1573 S Delsea Drive, the property boasts a 962 square foot building and is zoned B3, allowing for a wide range of commercial uses. An approved city site plan for a 45-car parking lot is already in place, ensuring ample parking for customers and clients. The existing building features offices, a bathroom, and a kitchen, offering a functional base for immediate occupancy or renovation. This as-is sale provides flexibility for buyers to customize the space to meet their specific business requirements. Whether you envision a retail space, office complex, or other commercial venture, this prime location offers significant potential. The property's size and zoning make it suitable for various businesses, from small retail shops to larger commercial operations. The existing building provides a solid foundation, while the ample land allows for expansion or additional construction. Don't miss this chance to acquire a strategically located commercial property in a thriving area. This is a rare opportunity to secure a substantial piece of land with existing infrastructure, ready for your vision.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $115,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $130,000
- 6.5%
- $130,000
- 7%
- $150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $130,000
- Geo Method
- $155,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $165,000
- Retail
- $170,000
- Mixed-Use
- $160,000
- Hospitality
- $160,000
- Educational
- $165,000
- Residential Income
- $155,000
- Energy
- $175,000
- Income-Based Land
- $180,000
- Food Service
- $150,000
Location Insight
- Map
- Local Demand
- City
- Vineland
- County
- Cumberland
- State
- New Jersey
- Longitude
- -75.0429
- Latitude
- 39.4642
- CBSA code
- 47220
- CBSA name
- VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA