1031 Exchange

Portsmouth, VA 1031 Exchange Properties for Sale

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Mixed-Use Property with Truck Parking
Updated: Oct 19
Mixed-Use Property with Truck Parking

1420 Chestnut Street, Portsmouth, VA 23704

$2,500,000
65‑space parking lot used for big rigs
Parking area enclosed by a 6‑foot fence
Remote‑control gate provides 24/7 access
IL zoning
Buildings constructed in 2003
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Portsmouth, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

1031 Exchange Property with Retail Space
1031 Exchange Property with Retail Space

32129 Main Street, Boykins, VA 23827

$164,900
7,700 sqft 0.20 AC lot

Downtown commercial property combining a post office facility with an adjoining partially leased building.

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Leased Storefront Retail Property
Leased Storefront Retail Property

DISTRICT HEIGHTS MD 20747, District Heights, MD 20747

$1,790,900
3,710 sqft

Fully occupied retail suites include a recently revised lease with annual rent escalations.

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1031 Exchange Property with Post Office
1031 Exchange Property with Post Office

32129 Main St, Boykins, VA 23827

$164,900
7,700 sqft

Income-producing commercial property combines a post office facility with a contiguous partially leased building in downtown Boykins.

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Leased 1031 Exchange Property
Leased 1031 Exchange Property

District Heights, MD 20747

$1,790,900

Retail suites are fully occupied, with a recently renegotiated lease providing annual rent escalations.

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Portsmouth, VA 1031 Exchange Properties Market Trends and Statistics

Explore 1 1031 exchange properties for sale in Portsmouth, VA on our real estate platform.

Sale prices for 1031 exchange properties in Portsmouth, VA average $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Churches & religious facilities 4
NNN properties 2
1031 exchange properties 1
Wedding venues 1

Demographics Overview

Population 97K
Population Growth (5Y) -6.7%
Median Household Income $59,342
College Educated 29.1%

Taxes & Financing

Tax Rate (average for all types) 1.27%
Property Tax per SF $16.32 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Portsmouth city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Portsmouth fall within the 100,000+ square foot range.

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