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    5803 Curlew Dr Norfolk, VA 23502

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    For Sale
    $5,500,000

    Centrally located Hampton Roads industrial property with immediate highway access.

    Property size:
    37,128 SF
    Lot size:
    1.42 Acres

    Property Features for 5803 Curlew Dr

    General Information

    Size
    37,128 SF
    Lot size
    1.42 Acres

    Source: Cushman & Wakefield | Thalhimer - Virginia Beach Agent Janet Whitbeck

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

    Overview

    Norfolk Industrial Investment Opportunity

    This centrally located investment opportunity is situated in the highly sought-after Hampton Roads MSA, within the city of Norfolk. The property offers immediate access to the I-64 / I-264 corridor and fronts Curlew Drive. The building features fire-resistant framing and has a total size of approximately 37,128 square feet on approximately 1.44 acres. The property includes 10,000 square feet of office space and 27,128 square feet of warehouse space. It benefits from 3-phase heavy power, a 28-foot ceiling height, and a 17-foot hook height. There are approximately 40 surface parking spots available. The property is zoned I-L light industrial. A new 8-year lease is in place, generating $371,280 NOI with a 6.75% cap rate.
    Insight Report Location Intelligence

    Current Use by Public Records

    East Coast Repair ... Shipyard

    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

    Padencold Inc, North American Van Lines

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2063764
    Latitude
    36.8407064

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    FAQs

    What type of property is this?
    Warehouse - Centrally located Hampton Roads industrial property with immediate highway access.
    Where is this warehouse located?
    The property is located at 5803 Curlew Dr Norfolk, VA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: - New 8-year lease generating $371,280 NOI with a 6.75% cap rate.; - Boasting \u00b137,128 SF total size with 10,000 SF of office space and 27,128 SF of warehouse space.; - Centrally located in the highly sought-after Hampton Roads MSA in Norfolk with immediate access to I-64 / I-264.
    (757) 286-0629
    Request Owner's contact information
    5803 Curlew Dr Norfolk, VA 23502
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    Norfolk, VA 23502
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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
    5803 Curlew Dr Norfolk, VA 23502
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