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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Commercial real estate
848 Delsea Dr, Vineland, NJ 08360-4464
Entity Owned
~
Est. High Equity
Property ID
US59-0358871
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Lot
1.09 ac (47,537 SF)
Zoning code
B-2
APN
14 04705-0000-00040
UPID
US59-0358871
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Affordable Tire Vineland (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.00M
Owner & transaction history
Werc LLC
Werc LLC
since 2025
Last sale
$999,950
7 recorded transactions
Zoning & alternative use
B-2 · Vineland, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Vineland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vineland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$20,958
Tax year 2022
Assessed value
$682,900
Assessed 2023
Previous assessed
$682,900
+0.0% YoY
Effective rate
3.07%
On assessed value
Assessed land
$300,000
Assessed improvement
$382,900
Land market value
$300,000
Improvement market value
$382,900
Total market value
$682,900
Applied tax rate
14.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2008
Heating
NONE
Stories
1
Lot
1.09 ac (47,537 SF)
Zoning code
B-2
APN
14 04705-0000-00040
UPID
US59-0358871
Jurisdiction
CUMBERLAND
Zoning & alternative use
B-2 · Vineland, NJ
Zoning B-2 · permitted uses
B-2 · Vineland, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vineland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
NONE
Stories
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Werc LLC
Entity
Mailing address
1208 ROBIN RD, MILLVILLE, NJ 08332-2334
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2025
$999,950
Werc LLC
K And L Property Management LLC
Deed
$3,300,000 · K And L Property Management LLC
Nov 1, 2016
—
K&l Property Management LLC
—
Deed
related
$250,000 · Newfield National Bank
Mar 14, 2008
—
K & L Property Mgmt LLC
Reed,kevin
Grant Deed
related
—
Jul 15, 2002
$145,000
Reed,kevin
Sasdelli Oil Co INC
Grant Deed
—
—
—
K & L Property Management Lllc
—
Loan Modification
related
$400,000 · First Nat'l Bk/elmer
—
—
Sasdelli Oil Co INC
—
Deed Of Trust
related
$150,000 · Dorothy M Sasdelli
—
—
Reed,kevin
—
Deed Of Trust
related
$200,000 · First Nat'l Bk/elmer
—
—
Reed,kevin
—
Loan Modification
related
$300,000 · First Nat'l Bk/elmer
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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