1102 Chestnut Ave Vineland, NJ 08360
This meticulously maintained Class A office building, located at 1102 E Chestnut Ave, Vineland, NJ 08360, presents a unique investment opportunity. The 4,184 square foot building sits on a 0.88-acre lot and features a desirable traditional office layout, currently configured as a medical office, but easily adaptable to other professional uses. Built in 1994, this two-story building boasts 24 parking spaces, ensuring ample convenience for staff and clients. The interior comprises nine exam rooms, one operatory room, one lab, four private offices, a business office, a large reception/waiting area, and multiple bathrooms. The second floor offers a large conference room, a manager's office, a kitchen/lunchroom, additional storage, and a bathroom. Recent upgrades include a newer roof (installed 3 years ago), a water heater (4 years old), and two of the three HVAC systems (replaced within the last 4 years). An alarm system enhances security. Currently 100% occupied as a single-tenant property, this presents an immediate return on investment, with the potential for additional income through leasing the upper floor or portions thereof. The property is zoned OP and offers significant flexibility for a variety of professional uses. This is a turnkey operation in a prime location, ready for immediate occupancy or lease. The asking price is $325,000, with a price per square foot of $77.68.
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Cumberland Obstetrics Association / Organization
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Posnj Vas MD Physician
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Vascular Surgeons Medical Clinic Hospital
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Dr. Eric M. Bonifield, MD Physician
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Cumberland Obstetrics: Kelly Angel MD Physician
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
Similar Nearby for Lease
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.