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    1957 N Delsea Dr Vineland, NJ 08360

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    1957 N Delsea Dr Vineland, NJ 08360

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    • Commercial land
    For Sale
    $195,000
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    Prime Commercial Land Opportunity For Sale
    $195,000
    3.40 Acres

    Prime Commercial Land Opportunity

    3.4-acre commercial parcel with high visibility and flexible zoning.

    1957 N Delsea Dr, Vineland, NJ 8360
    View Listing
    Property ID
    US59-2988243
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 1957 N Delsea Dr

    Property type
    Commercial land
    Property subtype
    Commercial real estate

    Description

    Unique Commercial Development Opportunity in Cumberland County Available for purchase, this 3.4-acre vacant commercial parcel offers an exceptional location with over 200 feet of road frontage along the heavily trafficked North Delsea Drive (RT 47) in the heart of Cumberland County. The parcel benefits from high visibility and is situated in a prime position between Garden and Wheat Roads, providing easy access to Route 55 (just 1.5 miles away). Previously approved for a 10,525 SF Church building with a site plan allowing for 84 parking spaces, this property offers a range of potential uses. The front 1.8 acres is zoned under the City of Vineland’s Business District (B3), allowing for multiple commercial uses, while the rear 1.6 acres is zoned Residential (R-4), offering flexible development options. This strategically located parcel benefits from robust traffic counts and is just a few miles from Routes 40, 322, and the Atlantic City Expressway, ensuring convenient access to surrounding markets, including South Jersey, Delaware, and Philadelphia. This is a rare opportunity to capitalize on a prime commercial location in a growing area. Don't miss your chance to invest in this versatile, high-visibility parcel.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vineland
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.0431047
    Latitude
    39.4583827

    Comparable in this City

    • $599,000
      6.77 Acres

      High-Traffic Commercial Development Opportunity

      6.69-acre site with B-3/R-5 zoning on high-traffic Delsea Drive.
      2059 S Delsea Dr, Vineland, NJ 08360
      View Details
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      Delsea Drive Development Opportunity

      Vacant land with B3 and R3 zoning on Delsea Drive.
      1940-1984 S Delsea Dr, Vineland, NJ 08360
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    • $374,900
      100 SF

      Corner Lot on South Delsea

      Commercial land available at the corner of Foster Avenue.
      1363 S Delsea Dr, Vineland, NJ 08360
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    • $3,000,000
      16,000 SF

      Vineland Land Parcel For Sale

      16,000 sqft commercial land parcel in Vineland, NJ.
      385 Wheat Rd, Vineland, NJ 08360
      View Details
    • $60,000
      3.53 Acres

      Prime Commercial Lot in Vineland

      3.53 acre commercial lot with high visibility.
      1489 N Delsea Dr, Vineland, NJ 08360
      View Details
    • Contact for pricing

      Paved Lot Business Opportunity

      Paved lot suitable for parking, storage, contractor, or landscaper.
      441 W Elmer St, Vineland, NJ 08360
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Paved Lot Business Opportunity

      Paved lot suitable for parking, storage, contractor, or landscaper.
      441 W Elmer St, Vineland, NJ 08360
      View Details
    • $995,000
      46.71 Acres

      Vineland Land Opportunity

      46.71 acre land parcel in Vineland and Franklin Township.
      5100 Delsea Dr, Vineland, NJ 08360
      View Details
    • Contact for pricing

      Mixed-Use Investment Opportunity on Route 47

      High-visibility mixed-use property with redevelopment potential on 4.36 acres.
      3662 S Delsea Dr, Vineland, NJ 08360
      View Details
    • Contact for pricing

      Vineland Land with Development Potential

      46.71+/- acres with frontage on Delsea Drive and Grubb Road.
      5100 Delsea Dr, Vineland, NJ 08360
      View Details
    • $374,900
      2.37 Acres

      Prime Corner Lot in Vineland

      2.4-acre corner lot in Urban Enterprise Zone.
      1363 S Delsea Dr, Vineland, NJ 08360
      View Details
    • $329,900

      Corner Lot on Sherman Avenue

      Commercial land with redevelopment potential on a highly traveled road.
      424 W Sherman Ave, Vineland, NJ 08360
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Retail/Restaurant Location Available

      Three prime business locations available for long-term leases.
      1406 S Main Rd, Vineland, NJ 08360
      View Details
    • Contact for pricing
      3,662 SF

      Downtown Vineland Office/Retail Space

      Office and retail space for lease in historic downtown.
      309-319 W Landis Ave, Vineland, NJ 08360
      View Details
    • Contact for pricing
      14,850 SF

      Retail Space in Vineland, NJ

      Retail space with strong visibility and flexible square footage.
      20 W Park Ave, Vineland, NJ 08360
      View Details
    • $16 SF/Yr

      New Professional Office Space

      Newly constructed office property available for lease.
      1103 West Sherman Ave, Vineland, NJ 08360
      View Details
    • $10 SF/Yr
      142,441 SF

      Vineland Office Space For Lease

      4,500 SF office space in Vineland's business district.
      1103 S Delsea Dr, Vineland, NJ 08360
      View Details
    • Contact for pricing
      14,500 SF

      Vineland Warehouse: 14,500 SF

      Industrial warehouse, two buildings, 2.17 acres.
      570 Broadlawn Ter, Vineland, NJ 08360
      View Details
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    Vineland, NJ 08360
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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