Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2400 Kimball Ter Norfolk, VA 23504

    New
    For Sale
    $275,000

    Purchase,Commercial/Industrial - Norfolk, VA

    Property size:
    4,872 SF
    Lot size:
    0.11 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 12 at 12:06 am

    Property Features for 2400 Kimball Ter

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1
    Interior features
    Mini Kitchen, Public Restrms
    Size
    4,872 SF
    Lot size
    0.11 Acres

    Utilities

    Cooling system
    Central Air, Wall/Window Unit(s)

    Building Details

    Year built
    1945
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Pulse Real Estate LLC dba NextHome Pulse Real Estate (240) 499-4362 [email protected]

    Listing agent Elias Cox (240) 499-4362

    Listing date Dec 8, 2025

    MLS# 10612814 Listing URL

    Copyright © 2025 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Norfolk Commercial Renovation Opportunity

    This commercial property, situated in Norfolk, Virginia, presents a significant renovation opportunity. The property has a size of 4872 square feet and is located on a lot of 0.1108 acres. Zoned C-1, the property's prime location enhances its investment appeal, offering substantial value and potential for long-term appreciation with the right improvements. It is suitable for investors looking to transform a distressed asset into a potential income property. Prospective buyers are advised to conduct their own due diligence regarding all aspects of the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2613285
    Latitude
    36.843353

    Nearby Similar for Sale

    • $647,400
      4,110 SF

      Versatile Commercial Space in Norfolk

      Flexible commercial space in Norfolk's active Camellia Acres corridor.
      2474 E Little Creek Rd, Norfolk, VA 23518
      View Details
    • $1,600,000
      6,250 SF

      Versatile Commercial Office Building For Sale

      Stand-alone commercial building with office, flex, and storage space.
      6024 E Virginia Beach Blvd, Norfolk, VA 23502
      View Details
    • $1,395,000
      4,132 SF

      Turnkey Commercial Building in Norfolk

      Renovated commercial building with established tenants, a turnkey business opportunity.
      731 Granby St, Norfolk, VA 23510
      View Details
    • $800,000
      4,620 SF

      Turn-Key Church in Norfolk, Virginia

      Well-situated church with ample parking near downtown Norfolk.
      2733 Tidewater Dr, Norfolk, VA 23509
      View Details
    • $740,000
      2,750 SF

      Ocean View Quadplex Multi-Family Residential

      Fully furnished quadplex near the beach in Norfolk, Virginia.
      1427 W Ocean View Ave, Norfolk, VA 23503
      View Details
    • $1,250,000
      6,400 SF

      Downtown Norfolk Restaurant Space Available

      Prime restaurant and bar space in Norfolk's historic district.
      241 Granby St, Norfolk, VA 23510
      View Details

    FAQs

    What type of property is this?
    Retail property - Commercial property in need of renovation with investment potential.
    Where is this retail property located?
    The property is located at 2400 Kimball Ter Norfolk, VA.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Prime location offers substantial value and potential.; - Great investment opportunity for transformation into income property.; - Benefit from durable brick construction.
    (240) 499-4362
    Request Owner's contact information
    2400 Kimball Ter Norfolk, VA 23504
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2400 Kimball Ter
    Norfolk, VA 23504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2400 Kimball Ter Norfolk, VA 23504
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.