Property profile

2578 E Chestnut Ave Vineland, NJ 08361

FOR SALE
Other commercial real estate
Property ID
US59-1298216
0.95 ac lot Built 1995
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a parcel of commercial land located in Vineland, Cumberland County, New Jersey, with a total land area of approximately 0.95 acres.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1995
Construction CONCRETE BLOCKS
Lot 0.95 ac (41,251 SF)
Zoning code R-5
APN 14 04405-0000-00029
UPID US59-1298216

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Corporate Office

Location

2578 E Chestnut Ave Vineland, NJ 08361
Vineland metro Census 40702 VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2013
2 recorded transactions
2018
Price N/A
2013
$355,000

Zoning & alternative use

R-5 · Vineland, NJ
Zoning description

Purpose. The purpose of the R-5 Zone is to implement the Master Plan recommendation for a low-density suburban/rural transition area from the City center suburbs to the City greenbelt. The R-5 Zone provides an area for d…

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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