Property profile

1361 E Chestnut Ave Vineland, NJ 08360

FOR SALE
Other commercial real estate
Property ID
US59-1105144
0.48 ac lot Built 1997
Entity Owned 28-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a corner commercial site in East Vineland, New Jersey, positioned across from Maintree Shopping Center and near other retail and professional users, including TD Bank and CVS Pharmacy. It has more than 200 feet of frontage on East Chestnut Avenue and approximately 140 feet along South Main Road, and it is located at a signalized intersection with high daytime traffic. The site offers access to major highways Routes 55 and 40 and is near The Cumberland Mall. The former gas station configuration includes an approximately 1,102 SF building used as a convenience store, four pump islands with four MPDs, and three double-wall steel underground storage tanks totaling approximately 10,000 gallons each (installed in 1997) equipped with a Crind system and a Veeder Root system.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1997
Construction TYPE NOT SPECIFIED
Lot 0.48 ac (20,944 SF)
Zoning code R-4
APN 14 04305-0000-00001
UPID US59-1105144

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1361 E Chestnut Ave Vineland, NJ 08360
Vineland metro Census 40601 VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 1997
1 recorded transaction
1997
$300,000

Zoning & alternative use

R-4 · Vineland, NJ
Zoning description

R-4 Residential Zone standards. A. Purpose. It is the purpose of these zones to recognize and preserve the character of established neighborhoods within the City. As there is extensive acreage suitable for development av…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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