Advertise
    Norfolk, VA
    Flex Space

    Norfolk, VA Flex Space for Sale

    Notify Me
    List
    Map
    Portsmouth, VA Chesapeake, VA Virginia Beach, VA Suffolk, VA Hampton, VA Newport News, VA Carrollton, VA Smithfield, VA
    Versatile Industrial Building with Office Space
    Updated: Apr 29
    Versatile Industrial Building with Office Space

    818 Widgeon Rd, Norfolk, VA 23513

    $2,850,000
    15,788 sqft 2.36 AC lot
    Convenient location with direct access to I‑64 via Tidewater Drive.
    Substantial warehouse space (±7,984 SF) with varied clear heights (12’4” - 17’) and multiple grade‑level doors.
    Significant office space (±7,804 SF) across two floors.
    Large lot size (±2.363 acres) with a partially stabilized yard.
    Flexible I‑G (Industrial - General) zoning.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    818 Widgeon Rd, Norfolk, VA 23513

    View Property Analytics

    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $218K
      Annual

    • Price @ 7% Cap

      $3.12M
      Above asking

    • Property Type

      Warehouse, Storage
      Built 1974
    View Property Analytics
    Flex Warehouse with Office Area
    Updated: Mar 25
    Flex Warehouse with Office Area

    860 45th Street, Norfolk, VA 23508

    $775,000
    12,620 sqft 0.40 AC lot
    Prime location minutes from Old Dominion University, ensuring strong visibility and accessibility.
    Expansive 12,000+ sq. ft. of versatile space with endless potential.
    Three large bay doors for easy access and logistical flexibility.
    Multiple power supplies for added operational flexibility.
    Potential to divide into multiple units for investment or diverse business use.
    View details
    Four-Suite Flex Warehouse Building
    Four-Suite Flex Warehouse Building

    801 East 25th Street, Norfolk, VA 23504

    $4,300,000
    18,740 sqft

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

    View details
    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 3 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Office/Warehouse Asset in Portsmouth
    Office/Warehouse Asset in Portsmouth

    628 Dunedin Rd, Portsmouth, VA 23701

    $555,000
    3,440 sqft

    Well-located office/warehouse with flexible zoning and modern construction.

    View details
    Two-Level Light Industrial Flex Condo
    Two-Level Light Industrial Flex Condo

    209-1616 Centerville Tpke, Virginia Beach, VA 23463

    Contact for pricing
    3,000 sqft

    Two-story flex space with offices, showroom-style open areas, and dedicated parking in an office park setting.

    View details
    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.

    View details
    Industrial Flex Warehouse
    Industrial Flex Warehouse

    827 DOUGLAS AVE, Portsmouth, VA 23707

    Contact for pricing
    126,000 sqft

    Large industrial and flex warehouse built for logistics, maritime, defense, and regional distribution users.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    General Business Zoning Commercial Land
    General Business Zoning Commercial Land

    Lankford Highway, Temperanceville, VA 23442

    $1,500,000
    19.99 AC lot

    Nearly 20-acre tract on U.S. Route 13, zoned B-1, with completed wetlands delineation and development flexibility.

    View details
    Land for Mixed-Use Development
    Land for Mixed-Use Development

    0 PATRIOT HWY, Fredericksburg, VA 22407

    $5,750,000
    63.54 AC lot

    63.54 acres for mixed-use development in Fredericksburg, VA.

    View details
    Trappe Business Park Land Opportunity
    Trappe Business Park Land Opportunity

    4502 OLD TRAPPE Rd, Trappe, MD 21673

    $1,550,000
    38.00 AC lot

    38 acres of industrial land for sale in Trappe.

    View details
    Talbot Commerce Park Land Opportunity
    Talbot Commerce Park Land Opportunity

    8992 MISTLETOE Dr, Easton, MD 21601

    $699,000
    5.90 AC lot

    Development-ready commercial/industrial lot in Easton's premier business hub.

    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

    Value Estimation by Request
    1,650 sqft 0.13 AC lot
    View details
    400 24th St
    LIGHT INDUSTRIAL

    400 24th St, Norfolk, VA 23517-1205

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

    1185 Harmony Rd, Norfolk, VA 23502-2356

    $1,190,000
    Estimated value
    7,908 sqft 0.99 AC lot
    View details
    2638 Florida Ave
    LIGHT INDUSTRIAL

    2638 Florida Ave, Norfolk, VA 23513-4407

    Value Estimation by Request
    4,142 sqft 0.16 AC lot
    View details
    5870 Curlew Dr
    LIGHT INDUSTRIAL

    5870 Curlew Dr, Norfolk, VA 23502-4627

    Value Estimation by Request
    0.89 AC lot
    View details
    121 25th St
    LIGHT INDUSTRIAL

    121 25th St, Norfolk, VA 23517-1407

    Value Estimation by Request
    5,198 sqft 0.24 AC lot
    View details
    501 Little Creek Rd
    Flex space

    501 Little Creek Rd, Norfolk, VA 23505

    Value Estimation by Request
    9,260 sqft
    View details
    514 Naval Base Rd
    LIGHT INDUSTRIAL

    514 Naval Base Rd, Norfolk, VA 23505

    Value Estimation by Request
    0.09 AC lot
    View details
    2633 Florida Ave
    LIGHT INDUSTRIAL

    2633 Florida Ave, Norfolk, VA 23513-4406

    Value Estimation by Request
    3,150 sqft 0.09 AC lot
    View details
    3340 Cromwell Dr
    LIGHT INDUSTRIAL

    3340 Cromwell Dr, Norfolk, VA 23509-2640

    Value Estimation by Request
    2,944 sqft 0.35 AC lot
    View details
    2416 Church St
    LIGHT INDUSTRIAL

    2416 Church St, Norfolk, VA 23504-1608

    Value Estimation by Request
    1,008 sqft 0.29 AC lot
    View details
    2418 Alabama Ave
    LIGHT INDUSTRIAL

    2418 Alabama Ave, Norfolk, VA 23513-4502

    Value Estimation by Request
    1,600 sqft 0.19 AC lot
    View details
    416 25th St
    LIGHT INDUSTRIAL

    416 25th St, Norfolk, VA 23517-1244

    Value Estimation by Request
    4,332 sqft 0.14 AC lot
    View details
    424 25th St
    LIGHT INDUSTRIAL

    424 25th St, Norfolk, VA 23517-1244

    $515,000
    Estimated value
    5,815 sqft 0.25 AC lot
    View details
    701 Frnt St
    LIGHT INDUSTRIAL

    701 Frnt St, Norfolk, VA 23510

    $900,000
    Estimated value
    6,046 sqft 8.24 AC lot
    View details

    Norfolk, VA Flex Space Market Trends and Statistics

    Explore 18 flex space for sale in Norfolk, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 47,148 square feet of properties for sale, with an estimated market value of $7,925,000.

    Sale prices for business spaces in Norfolk, VA start at $775,000, averaging $2,641,666, and reaching up to $4,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 22
    Breweries 3
    Distribution centers 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
    23508 $775K
    23502 $995K
    23513 $2.9M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Norfolk city

    Office

    Property Size Breakdown

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Norfolk, VA

    Popular Categories

    Most Searched ZIP Codes in Norfolk, VA

    • 23504
    • 23508
    • 23513

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!