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1180 Karin St 3,472 SF 100% Leased Office Building Vineland, NJ 08360 $499,000 ($143.72/SF) 5.19% Cap Rate
EXECUTIVE SUMMARY
Prime location for this Medical/Professional Building. Fully occupied with several long term tenants. Call for more details
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
3,472 SF
Building Class
C
Year Built
1966
Price
$499,000
Price Per SF
$143.72
Cap Rate
5.19%
NOI
$25,900
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,736 SF
Building FAR
0.27
Lot Size
0.30 AC
Zoning
R-P
1 1
PROPERTY TAXES
| Parcel Number | 14-03108-0000-00008 | Total Assessment | $300,000 (2025) |
| Land Assessment | $30,600 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $269,400 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
14-03108-0000-00008
Land Assessment
$30,600 (2025)
Improvements Assessment
$269,400 (2025)
Total Assessment
$300,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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1180 Karin St
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