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    3600 Elm Ave Portsmouth, VA 23704

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    For Lease
    $9 SF/Yr

    Industrial complex with warehouses, mechanic shop, and rail access.

    Property size:
    100,606 SF
    Lot size:
    21.49 Acres

    Property Features for 3600 Elm Ave

    General Information

    Size
    100,606 SF
    Lot size
    21.49 Acres

    Source: JMS Commercial Agent John Merenda

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Property Near Norfolk Naval

    This industrial property, totaling 100,606 square feet, is located across the street from the Norfolk Naval Shipyard. The complex includes a 5,275-square-foot office space, a stand-alone 2,300-square-foot office, a 38,949-square-foot dock-high warehouse, a 17,476-square-foot grade-level warehouse, a 34,488-square-foot low-ceiling warehouse, and a 2,118-square-foot mechanic shop. The property spans 21.28 total acres, with approximately 5.5 acres undeveloped and approximately 14.3 acres developed and stabilized for significant trailer storage capacity. It features five rail spurs, each approximately 750 feet long, connected to the Norfolk Portsmouth Beltline. A truck scale with dimensions of 60 feet by 10 feet and a 100,000-pound capacity is available and can be conveyed separately.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Norfolk Marine Terminal Exporter

    Suggested Use

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

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

    Similar Places Nearby

    StorAway Self Storage - Frederick Boulevard

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Portsmouth
    State
    Virginia
    Longitude
    -76.3073946
    Latitude
    36.8087695

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    FAQs

    What type of property is this?
    Warehouse - Industrial complex with warehouses, mechanic shop, and rail access.
    Where is this warehouse located?
    The property is located at 3600 Elm Ave Portsmouth, VA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Proximity to Norfolk Naval Shipyard; - Substantial warehouse space totaling 90,913 sf with dock high and grade level options; - Large 21.28 total acres with undeveloped and developed areas
    (757) 560-5476
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    3600 Elm Ave Portsmouth, VA 23704
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    Portsmouth, VA 23704
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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
    3600 Elm Ave Portsmouth, VA 23704
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