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    1215 W 25Th St Norfolk, VA 23508

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    For Lease
    Contact for pricing

    Up-and-coming retail site near naval base and university.

    Property size:
    4,397 SF
    Lot size:
    4.64 Acres

    Property Features for 1215 W 25Th St

    General Information

    Size
    4,397 SF
    Lot size
    4.64 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 Growing Area

    This retail space is located within the Railyard at Lambert’s Point, a 120,000 square foot retail site in the west Ghent submarket of Norfolk, VA. The property is positioned south of Naval Station Norfolk, the world’s largest naval base with 64,357 active duty and civilian personnel, and Old Dominion University, which has 20,000 students, the Ted Constant Convocation Center, and a new, larger football stadium under construction. It is also located 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 under construction in the adjacent Railroad District. The surrounding historical neighborhoods are home to some of the region’s highest income earners and most educated individuals. CAM, taxes, and insurance are approximately $5.00 to $6.00 per square foot. The property offers 4397 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -76.3027058
    Latitude
    36.875335

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    FAQs

    What type of property is this?
    Retail space - Up-and-coming retail site near naval base and university.
    Where is this retail space located?
    The property is located at 1215 W 25Th St Norfolk, VA.
    What are key features of this property?
    This property features: - Located in up-and-coming retail site (120,000 SF) in the west Ghent submarket.; - Hundreds of new apartment buildings coming online next door in the Railroad District.; - Proximity to Naval Station Norfolk (64,357 active duty and civilian personnel).
    (757) 617-2222
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    Norfolk, VA 23508
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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
    1215 W 25Th St Norfolk, VA 23508
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