733 Elmer St Vineland, NJ 08360
- Commercial real estate
- 0.11 lot acres
Current Use by Public Records
- Bright&White / Teeth Whitening Service
- Barse & Fabrico / Accountant
Property Details for 733 Elmer St
- Year built
- 1959
- Construction
- BRICK
- Lot size
- 0.11 lot acres
- Zone code
- B-4
- Property type
- Commercial real estate
- APN
- 14 04006-0000-00009
- APU
- 1404006000000009
Description
This exceptional second-floor office space, totaling approximately 250 square feet, is ideally situated in the heart of downtown Vineland, NJ. The unit offers a convenient and efficient layout perfect for a small business or individual professional. Located within a multi-tenant building, this space benefits from included utilities, significantly reducing operational costs. Heat, electricity, and air conditioning are all provided as part of the lease. Tenants are solely responsible for their own internet (Wi-Fi), cable television, and telephone services. This allows for customized communication solutions tailored to individual business needs. The building's central downtown location provides easy access to local amenities, transportation, and a vibrant business community. Another similarly sized second-floor office space is also available within the building, potentially offering an expansion opportunity or the possibility of leasing adjacent space for a larger footprint. This connected office also includes a dedicated conference room, ideal for meetings and client presentations. The property sits on a 0.11-acre lot. The asking price for this space is to be determined. Interested parties are encouraged to inquire for further details and pricing information. This is a fantastic opportunity to establish a presence in a thriving downtown area with minimal upfront costs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $170,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $140,000
- 6.5%
- $150,000
- 7%
- $145,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $130,000
- Geo Method
- $175,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $150,000
- Retail
- $170,000
- Mixed-Use
- $135,000
- Hospitality
- $140,000
- Educational
- $145,000
- Residential Income
- $135,000
- Energy
- $135,000
- Income-Based Land
- $175,000
- Food Service
- $145,000
Location Insight
- Map
- Local Demand
- City
- Vineland
- County
- Cumberland
- State
- New Jersey
- Longitude
- -75.0194
- Latitude
- 39.4846
- CBSA code
- 47220
- CBSA name
- VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA