1603 7th Street, Portsmouth, VA 23704

Listing Agency: Harvey Lindsay Commercial Real Estate

Listed By: Ryan King · License #VA Show Phone

Source: Crexi

Added: Sep 28 Changed: Nov 8 Last Checked: Nov 8 at 2:41PM

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Investment Insights

Based on property information with market context.

This 2.83-acre industrial land site in Portsmouth carries SD zoning. Light industrial and manufacturing uses are allowed by right; heavy manufacturing requires a use permit.

The property is near the Port of Virginia shipping terminals and Norfolk Naval Shipyard. It is also within an Enterprise Zone and a federally designated Opportunity Zone.

Key Highlights

• 2.83‑acre industrial land site
• SD zoning allows light industrial and manufacturing uses by right
• Heavy manufacturing requires a use permit

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Real Estate Agency Dental Office Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

981

Businesses Nearby

Explore this area Business Placement

Demographics for 23704, VA

19,505

Population

9,538

Households

2

Avg Household Size

36

Median Age

22%

College-Educated

86%

High-School Grad

4.5 sq mi

ZIP Area

4,334

Density / Sq Mi

$44,739

Median Household Income

$34,488

Median Earnings

$1,279

Median Rent

$197,400

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - SD-zoned land allows light industrial and manufacturing uses by right, with heavier manufacturing subject to a use permit.

Where is this industrial land located?

The property is located at 1603 7th Street Portsmouth, VA.

What are key features of this property?

This property features: 2.83‑acre industrial land site; SD zoning allows light industrial and manufacturing uses by right; Heavy manufacturing requires a use permit