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    6406 Alexander St Norfolk, VA 23513

    For Sale
    $499,000

    Spacious property, central HVAC, needs updating.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 0.44-acre property located at 6406 Alexander Street in Norfolk, Virginia, presents a unique investment opportunity. Priced at $499,000, the property is being sold "as is, where is." The main structure features central HVAC, ensuring year-round climate control. A recent addition to the property includes window air conditioning units and baseboard heating

    Property Features for 6406 Alexander St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    19,166 SF

    Building Details

    Year Built
    1968
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tabernacle Voice-Deliverance Church

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    NORFOLK
    State
    Virginia
    Longitude
    -76.23737
    Latitude
    36.89658

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious property, central HVAC, needs updating.
    Where is this commercial real estate located?
    The property is located at 6406 Alexander St Norfolk, VA.
    What is the asking price?
    The asking price for this property is $499,000.
    (757) 480-2121
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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
    6406 Alexander St Norfolk, VA 23513
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