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    9545-9563 Shore Dr Norfolk, VA 23518

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    For Lease
    Contact for pricing

    Retail property with significant frontage and high traffic volume.

    Property size:
    3,950 SF
    Lot size:
    4.46 Acres

    Property Features for 9545-9563 Shore Dr

    General Information

    Size
    3,950 SF
    Lot size
    4.46 Acres

    Source: Cushman & Wakefield | Thalhimer - Virginia Beach Agent Clay Willis

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

    Overview

    Retail Space with High Visibility

    This retail property offers significant exposure with 417 feet of frontage on Pleasant Avenue and 341 feet on Shore Drive. The location benefits from high visibility, with more than 30,000 vehicles per day on Shore Drive. The property is situated at a signalized intersection and includes a dedicated turn lane. There are 270 surface parking spaces available, providing a ratio of 5.22 spaces per 1,000 square feet. Monument signage is also available. The property has a size of 3,950 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    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.

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Shore Drive Plaza Shopping Center, East Beach Villa's Sales Center

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.191378
    Latitude
    36.9272881

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    FAQs

    What type of property is this?
    Shopping center - Retail property with significant frontage and high traffic volume.
    Where is this shopping center located?
    The property is located at 9545-9563 Shore Dr Norfolk, VA.
    What are key features of this property?
    This property features: - Significant exposure with 417’ frontage on Pleasant Avenue and 341’ on Shore Drive.; - High traffic volume: Over 30,000 vehicles per day (VPD) on Shore Drive.; - Located at a signalized intersection with dedicated turn lane.
    (757) 633-9989
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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
    9545-9563 Shore Dr Norfolk, VA 23518
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