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    2501 Hampton Blvd Norfolk, VA 23517

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    For Lease
    Contact for pricing

    Retail space available in up-and-coming Norfolk location.

    Property size:
    1,455 SF
    Lot size:
    0.34 Acres

    Property Features for 2501 Hampton Blvd

    General Information

    Size
    1,455 SF
    Lot size
    0.34 Acres

    Source: Colliers | Norfolk Agent Ned Brooks

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

    Overview

    Retail Space in Norfolk, VA

    The Railyard at Lambert’s Point is a 120,000 square foot retail site located within the west Ghent submarket in Norfolk, Virginia. Common area maintenance, taxes, and insurance are approximately $5.00 to $6.00 per square foot. The property is situated south of Naval Station Norfolk, which is the world’s largest naval base with 64,357 active duty and civilian personnel, and Old Dominion University, which has 20,000 students plus the Ted Constant Convocation Center. A new, larger football stadium is under construction at the university. The property is north of the Sentara Regional Medical Complex, which includes thousands of employees, a children’s hospital, a heart center, and Eastern Virginia Medical School. Hundreds of new apartment buildings are coming online in the Railroad District next door. The surrounding historical neighborhoods are home to some of the region’s highest incomes and most educated individuals. The available retail space is 1,455 square feet.
    Location Intelligence

    Current Use by Public Records

    The Railyard at Lamberts Point Shopping Mall

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.3021888
    Latitude
    36.8757965

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    FAQs

    What type of property is this?
    Retail space - Retail space available in up-and-coming Norfolk location.
    Where is this retail space located?
    The property is located at 2501 Hampton Blvd Norfolk, VA.
    What are key features of this property?
    This property features: - Located in the up-and-coming Railyard at Lambert’s Point retail site (120,000 SF) in the desirable west Ghent submarket.; - Proximity to Naval Station Norfolk (64,357 personnel) and Old Dominion University (20,000 students).; - Situated near the Sentara Regional Medical Complex, including a children’s hospital and Eastern Virginia Medical School.
    (757) 617-2222
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    Norfolk, VA 23517
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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
    2501 Hampton Blvd Norfolk, VA 23517
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