Flex Space

Norfolk, VA Flex Space for Sale

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Flex Space with Three Bay Doors
Updated: Oct 2
Flex Space with Three Bay Doors

860 45th Street, Norfolk, VA 23508

$749,900
12,620 sqft 0.40 AC lot
12,620‑square‑foot flex property on a 0.4016‑acre parcel
Three bay doors and a dedicated office area
Multiple power supplies
Interior may be divided into multiple units
I‑2 zoning
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Flexible Commercial Space with Multiple Entrances
Updated: Aug 20
Flexible Commercial Space with Multiple Entrances

2474 E Little Creek Rd, Norfolk, VA 23518

$550,000
12,868 sqft
Over 4,100 sq ft of flexible commercial space
Separate front, side, and rear entrances
C‑1 zoning
Existing plumbing and infrastructure
Front and rear parking
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Light Industrial Warehouse with Office
Light Industrial Warehouse with Office

2506 Colley Avenue, Norfolk, VA 23517

$850,000
11,591 sqft

Freestanding two-story building with office space, grade-level loading, and fenced secure outdoor storage.

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See hot listings in Norfolk

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Flex Space With Grade-Level Doors
Flex Space With Grade-Level Doors

3002 Arizona Ave, Norfolk, VA 23513

$1,400,000
21,541 sqft 0.62 AC lot

Industrial facility combining warehouse, fabrication, and office areas with three-phase electrical service and adaptable operational space.

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Four-Suite Flex Warehouse Building
Four-Suite Flex Warehouse Building

801 East 25th Street, Norfolk, VA 23504

$4,675,000
18,740 sqft

Fully leased flex building with four tenant suites, grade-level doors, and convenient access to major transportation routes.

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Office/Warehouse Flex Space
Office/Warehouse Flex Space

609 Woodis Ave, Norfolk, VA 23510

Contact for pricing
7,700 sqft

Combined office and warehouse improvements create a flexible commercial configuration.

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Flex Space with Grade-Level Loading
Flex Space with Grade-Level Loading

818 Widgeon Rd, Norfolk, VA 23513

Contact for pricing
15,788 sqft

Industrial flex facility with office space, warehouse clear heights up to 17 feet, and multiple grade-level doors.

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Office/Warehouse Flex Suite
Office/Warehouse Flex Suite

7440 Central Business Park Drive, Norfolk, VA 23513

$2,210,000

50/50 office-to-warehouse layout with grade-level loading and about 12' clear height, with remaining suite available.

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Flex Space with Office Storage
Flex Space with Office Storage

2507 Monticello Ave, Norfolk, VA 23517

Contact for pricing
2,600 sqft

Flexible commercial property combining office space with on-site storage for an owner-operated business.

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Flex Space with Showroom
Flex Space with Showroom

C1-5121 E Virginia Beach Blvd, Norfolk, VA 23510

Contact for pricing

Multiple rooms provide a showroom, office areas, rear warehouse, and mezzanine storage.

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Flex Space with Outdoor Storage
Flex Space with Outdoor Storage

1158 Pickett Rd, Norfolk, VA 23502

Contact for pricing

Office and warehouse areas support business operations, with additional storage space outdoors.

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Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 11 Active listings in Norfolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Flexible Two-Level Workspace
Flexible Two-Level Workspace

351 Maryland Avenue, Portsmouth, VA 23704

$136,900
4,928 sqft 0.13 AC lot

Workshop-oriented property with separate upper-level entry, rear office, and off-street parking.

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Flex Space with Fenced Yard
Flex Space with Fenced Yard

1400 London Boulevard, Portsmouth, VA 23704

$1,700,000
18,076 sqft 1.09 AC lot

Two-story offices accompany a high-clearance shop and warehouse area with loading access, substantial power, and a rear yard.

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Virginia Beach Flex Space For Sale
Virginia Beach Flex Space For Sale

5055 Euclid Rd |, Virginia Beach, VA 23462

$415,000
2,065 sqft

2,065 SF flex space in Virginia Beach, B2 zoning.

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Centerville Turnpike Flex Space Available
Centerville Turnpike Flex Space Available

1620 Centerville Turnpike, Virginia Beach, VA 23464

Contact for pricing
14,000 sqft

Flex space suites available for purchase on Centerville Turnpike.

View details

Off-Market Properties in Norfolk, VA

Consider similar Off-Market properties in Norfolk, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4500 Killam Ave
LIGHT INDUSTRIAL

4500 Killam Ave, Norfolk, VA 23508-2047

Estimated value:
$290,000
1,650 sqft 0.13 AC lot
View details
400 24th St
LIGHT INDUSTRIAL

400 24th St, Norfolk, VA 23517-1205

Estimated value:
$1,050,000
10,727 sqft 0.60 AC lot
View details
1185 Harmony Rd
LIGHT INDUSTRIAL

1185 Harmony Rd, Norfolk, VA 23502-2356

Estimated value:
$1,485,000
7,908 sqft 0.99 AC lot
View details
2638 Florida Ave
LIGHT INDUSTRIAL

2638 Florida Ave, Norfolk, VA 23513-4407

Estimated value:
$420,000
4,142 sqft 0.16 AC lot
View details
5870 Curlew Dr
LIGHT INDUSTRIAL

5870 Curlew Dr, Norfolk, VA 23502-4627

Estimated value:
$330,000
0.89 AC lot
View details
121 25th St
LIGHT INDUSTRIAL

121 25th St, Norfolk, VA 23517-1407

Estimated value:
$295,000
5,198 sqft 0.24 AC lot
View details
514 Naval Base Rd
LIGHT INDUSTRIAL

514 Naval Base Rd, Norfolk, VA 23505

Estimated value:
$305,000
0.09 AC lot
View details
2633 Florida Ave
LIGHT INDUSTRIAL

2633 Florida Ave, Norfolk, VA 23513-4406

Estimated value:
$295,000
3,150 sqft 0.09 AC lot
View details
3340 Cromwell Dr
LIGHT INDUSTRIAL

3340 Cromwell Dr, Norfolk, VA 23509-2640

Estimated value:
$305,000
2,944 sqft 0.35 AC lot
View details
2416 Church St
LIGHT INDUSTRIAL

2416 Church St, Norfolk, VA 23504-1608

Estimated value:
$300,000
1,008 sqft 0.29 AC lot
View details
2418 Alabama Ave
LIGHT INDUSTRIAL

2418 Alabama Ave, Norfolk, VA 23513-4502

Estimated value:
$285,000
1,600 sqft 0.19 AC lot
View details
416 25th St
LIGHT INDUSTRIAL

416 25th St, Norfolk, VA 23517-1244

Estimated value:
$305,000
4,332 sqft 0.14 AC lot
View details

Norfolk, VA Flex Space Market Trends and Statistics

Explore 26 flex space for sale in Norfolk, VA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 103,448 square feet of properties for sale, with an estimated market value of $10,434,900.

Sale prices for business spaces in Norfolk, VA start at $550,000, averaging $1,739,150, and reaching up to $4,675,000 — 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

Flex space 38
Breweries 5
Distribution centers 3
Manufacturing properties 1
Truck terminals 1

Demographics Overview

Population 235K
Population Growth (5Y) -4.3%
Median Household Income $64,747
College Educated 29.0%

High-Yield Neighborhoods for Investment

Identify Norfolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23518 $550K
23508 $775K
23517 $850K
23513 $1.8M
23504 $4.7M

Taxes & Financing

Tax Rate (average for all types) 1.27%
Property Tax per SF $9.43 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Norfolk city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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