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    2012 High St Portsmouth, VA 23704

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    For Sale
    Contact for pricing

    7,323 SF auto service facility with 6 bays.

    Property size:
    7,323 SF
    Lot size:
    0.37 Acres

    Property Features for 2012 High St

    General Information

    Size
    7,323 SF
    Lot size
    0.37 Acres

    Source: Joyner Commercial Agent Shawnta Soberanes

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

    Overview

    Auto Service Facility For Sale

    This 7,323 SF auto service and repair facility features an office, lounge area, and 6 bays. The property is zoned D-2 and holds all necessary licenses for car repair, used car sales, and salvage rebuilding. It includes a fenced area with ample storage space and a parking lot that accommodates over 20 vehicles. Benefiting from high street frontage and a location close to I-264, the property provides convenient access to surrounding cities. It is situated in Downtown Portsmouth, near the shipyard, military bases, and a hospital, and is within minutes of the Rivers Casino. The location benefits from a high traffic corridor with 15,614 vehicles per day, offering significant visibility.
    Insight Report Location Intelligence

    Current Use by Public Records

    High Street Automotive ... Auto Body Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Truck and trailer tire repair, 3M Metro Window Films, American Truck & Trailer Repair, A1 Truck And Trailer Repair LLC, Import 4 Less Auto Care

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Portsmouth
    State
    Virginia
    Longitude
    -76.324901
    Latitude
    36.8351111

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    FAQs

    What type of property is this?
    Auto shop - 7,323 SF auto service facility with 6 bays.
    Where is this auto shop located?
    The property is located at 2012 High St Portsmouth, VA.
    What are key features of this property?
    This property features: - Established auto service and repair facility (7,323 SF) with existing licenses.; - Strategic location in Downtown Portsmouth near key establishments.; - High visibility with high street frontage and a high traffic corridor (15,614 VPD).
    (804) 270-9440
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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
    2012 High St Portsmouth, VA 23704
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