3303 Airline Blvd, Portsmouth, VA
17,000 SF warehouse available in Portsmouth, Virginia.
- Added:
- Jul 23, 2025
- Days on Market:
- 333
- Last Refresh:
- May 19 at 9:58 pm
Property Features for 3303 Airline Blvd
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Lot size
- 9.35 Acres
- Property subtype
- INDUSTRIAL
Listing agent Chris Corrada
Listing office One South Commercial (804) 353-0009
Listing date Jul 23, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of One South Commercial
HighLights
- 17,000 SF warehouse
- Located in Portsmouth, Virginia
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $151.5k | $8.91 |
| − Vacancy | −$3.9k | −$0.23 |
| EGI | $147.5k | $8.68 |
| − OpEx | −$22.1k | −$1.30 |
| NOI | $125.4k | $7.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portsmouth
- County
- Portsmouth
- State
- Virginia
- Longitude
- -76.3765
- Latitude
- 36.8057
