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    7623-7657 Granby St Norfolk, VA 23510

    For Lease
    $16 SF/Yr ($2,240 /Mo)

    Retail space with excellent exposure and high traffic volume.

    Property size:
    1,680 SF
    Lot size:
    3.68 Acres

    Property Features for 7623-7657 Granby St

    General Information

    Size
    1,680 SF
    Lot size
    3.68 Acres

    Source: Cushman & Wakefield | Thalhimer - Virginia Beach Agent Ted Levin

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

    Overview

    Retail Space on Granby Street

    This retail space offers 1,200 square feet and excellent exposure. The location benefits from a high traffic volume of 30,000 vehicles per day at the intersection of Granby Street and Little Creek Road. The lease rate is $16.00 per square foot on a NNN basis.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office 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
    -76.2732651
    Latitude
    36.9155322

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    FAQs

    What type of property is this?
    Retail space - Retail space with excellent exposure and high traffic volume.
    Where is this retail space located?
    The property is located at 7623-7657 Granby St Norfolk, VA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Excellent exposure; - High traffic volume: 30,000 VPD at the intersection; - Available 1,200 square feet
    (757) 647-3788
    Request Owner's contact information
    7623-7657 Granby St Norfolk, VA 23510
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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
    7623-7657 Granby St Norfolk, VA 23510
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