22 Landis AveVineland, NJ 08360
- Other commercial real estate
- 2.58 AC
Property Details for 22 Landis Ave
- Year built
- 1965
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.58 AC
- Zone code
- B-3
- Property type
- Other commercial real estate
- APN
- 14 02802-0000-00019
- APU
- 1402802000000019
Description
The Vineland Shopping Center, a Class C strip center totaling 93,000 square feet, presents a compelling retail investment opportunity in Cumberland County. Built in 1965 and renovated in 1991, this single-building property sits on a generous 8.2-acre lot, offering excellent visibility and accessibility. Strategically located at the signalized intersection of Delsea Drive (Route 47) and Landis Avenue (Route 56), it benefits from convenient access to Route 55 (Exit 32A). The center is anchored by Compare Foods, a value-oriented independent supermarket, and enjoys a strong surrounding retail environment including Walmart, Shop Rite, Lidl, Starbucks, Chick-fil-A, Dollar Tree, Wawa, Taco Bell, and CVS. A significant advantage is the immediate availability of up to 30,000 square feet of contiguous space, offering flexibility for various retail concepts. The property's zoning is Commercial, and the substantial population within a 20-minute radius is 169,477, ensuring a robust customer base. Attractive below-market rental rates are currently available. This property offers a rare chance to secure a well-positioned retail space in a thriving commercial area. Four spaces are currently available, ranging in size from 2,880 square feet to the full 30,000 square feet.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $37,118,960
- Hospitality
- $34,000,768
- Educational
- $28,288,242
- Medical
- $29,261,118
- Retail
- $44,003,932
Location Insight
- City
- Vineland
- County
- Cumberland
- State
- New Jersey
- Latitude
- 39.4877
- Longitude
- -75.0401
- CBSA code
- 47220
- CBSA name
- VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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