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235-239 W Landis Ave 23,000 SF Retail Building Vineland, NJ 08360 $2,373,064 CAD ($103.18 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Open Floor plan with 5 areas across 3 floors
- Surrounding by growth- including, Vineland's emerging industries
- High ceilings + loading dock for large deliveries
- Tax advantages for investors
EXECUTIVE SUMMARY
239 W Landis Avenue, a 23,000± square foot industrial/mixed-use property in the heart of downtown Vineland’s Redevelopment Zone and the Federal Opportunity Zone Program. This prime location offers major tax incentives, high visibility, and flexible space across three levels with an open floor plan, high ceilings, and a loading dock for easy logistics. The property can be subdivided for multiple tenants or redeveloped for medical, entertainment, office, or mixed-use purposes. With Vineland emerging as a hub for industries like cannabis and film production, and a median cap rate of 7%, this property presents an excellent opportunity for investors looking to capitalize on the city’s growth and revitalization.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
23,000 SF
Building Class
C
Year Built
1926
Price
$2,373,064 CAD
Price Per SF
$103.18 CAD
Cap Rate
7%
NOI
$166,114 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.96
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
LC - Commercial Redevelopment Zone. Class A and Federal Opportunity Zone
Parking
8 Spaces (0.35 Spaces per 1,000 SF Leased)
Frontage
100’ on Landis Ave
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-03802-0000-00011 | Improvements Assessment | $174,613 CAD |
| Land Assessment | $244,458 CAD | Total Assessment | $419,070 CAD |
PROPERTY TAXES
Parcel Number
14-03802-0000-00011
Land Assessment
$244,458 CAD
Improvements Assessment
$174,613 CAD
Total Assessment
$419,070 CAD
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235-239 W Landis Ave
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