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    1152-1156 Portsmouth Blvd Suffolk, VA 23434

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    For Sale
    $695,000

    Two buildings with fenced yard, suitable for investors or users.

    Property size:
    7,800 SF
    Lot size:
    1.16 Acres

    Property Features for 1152-1156 Portsmouth Blvd

    General Information

    Size
    7,800 SF
    Lot size
    1.16 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Michael Myers

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

    Overview

    Retail and Automotive Shop Buildings

    The property features a 6,000 square foot grade-level retail or shop building, measuring 60 feet by 100 feet, which includes one 10-foot by 10-foot overhead door. Additionally, there is an 1,800 square foot automotive shop building equipped with three 12-foot by 12-foot overhead doors. The site includes a partially paved, stabilized, and fenced yard adjacent to and behind the buildings. The location benefits from a traffic count of 24,000 cars per day, based on 2016 data for Portsmouth Boulevard at C Street. The property is immediately available for an investor or user.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

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

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

    Similar Places Nearby

    Chip's Repair & Towing Service, Wyatt & Son Automotive Inc, RIDETIME TIRE CENTERS, LLC., Walker’s Auto Body, LLC., All -N- 1 Auto Center LLC.

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.5420847
    Latitude
    36.7459994

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    FAQs

    What type of property is this?
    Auto shop - Two buildings with fenced yard, suitable for investors or users.
    Where is this auto shop located?
    The property is located at 1152-1156 Portsmouth Blvd Suffolk, VA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: - High traffic count: 24,000 cars per day; - 6,000 S.F. grade level retail/shop building; - 1,800 S.F. automotive shop building with **three 12' x 12' overhead doors**
    (757) 679-3273
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    1152-1156 Portsmouth Blvd Suffolk, VA 23434
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    Suffolk, VA 23434
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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
    1152-1156 Portsmouth Blvd Suffolk, VA 23434
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