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    860 45Th St Norfolk, VA 23508

    For Sale
    $900,000

    Purchase,Commercial/Industrial - Norfolk, VA

    Property size:
    12,620 SF
    Lot size:
    0.40 Acres
    Days on Market:
    18
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 860 45Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I-2
    Interior features
    Inside Storage, Lighting
    Size
    12,620 SF
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Floors in Building
    1
    Flooring type
    Concrete
    Architectural style
    Other

    Atlantic Sotheby's International Realty (757) 340-5555 [email protected]

    Listing agent Kris Weaver (757) 777-9870

    Listing date Nov 18, 2025

    MLS# 10603308 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

    Versatile Industrial Building Near ODU

    This expansive building provides over 12,000 square feet of versatile space. It features a dedicated office area and three large bay doors. Multiple power supplies enhance the property's flexibility. Designed to accommodate a variety of uses, the property can be divided into multiple units. Outside, there is additional space suitable for storage or ample parking. The property is located minutes from Old Dominion University, providing strong visibility and accessibility. The lot size is 0.4016 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2978879
    Latitude
    36.885121

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    FAQs

    What type of property is this?
    Industrial property - Spacious industrial building with office, bay doors, and ample parking.
    Where is this industrial property located?
    The property is located at 860 45Th St Norfolk, VA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Over 12,000 sq. ft. of versatile space.; - Prime location minutes from Old Dominion University.; - Three large bay doors.
    (757) 777-9870
    Request Owner's contact information
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    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
    860 45Th St Norfolk, VA 23508
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