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    1551 Premium Outlets Blvd Norfolk, VA

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    For Lease
    Contact for pricing

    1,000 SF retail space with high visibility.

    Property size:
    1,000 SF
    Lot size:
    8.08 Acres

    Property Features for 1551 Premium Outlets Blvd

    General Information

    Size
    1,000 SF
    Lot size
    8.08 Acres

    Source: Cushman & Wakefield | Thalhimer - Virginia Beach Agent Dean Martin

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

    Overview

    Retail Space in High-Traffic Area

    This property offers 1,000 square feet of inline retail space. The location benefits from high traffic volume, with over 80,000 vehicles passing by daily. A new retail development of approximately 30,000 square feet is underway. The retail space features a depth of 60 feet. The daytime population within a 3-mile radius exceeds 96,000.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2801335
    Latitude
    36.851849

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    FAQs

    What type of property is this?
    Retail space - 1,000 SF retail space with high visibility.
    Where is this retail space located?
    The property is located at 1551 Premium Outlets Blvd Norfolk, VA.
    What are key features of this property?
    This property features: - High traffic volume: Over 80,000 vehicles per day; - Dense daytime population: Over 96,000 within 3 miles; - New retail development: Part of a ±30,000 sf retail development
    (757) 239-0694
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    Norfolk, VA
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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
    1551 Premium Outlets Blvd Norfolk, VA
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