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    Renovated Commercial Space with Warehouse Title is generated by Realmo AI

    3322 Virginia Bch Blvd, Virginia Beach, VA

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    Versatile commercial space featuring office and warehouse areas.

    Type:INDUSTRIAL
    Property size:
    1,100 SF
    Lot size:
    1.91 Acres
    Price / SF:
    $204/SF
    Added:
    Apr 1, 2025
    Days on Market:
    440
    Last Refresh:
    May 20 at 9:50 pm

    Property Features for 3322 Virginia Bch Blvd

    General Information

    Standard status
    Active
    Size
    1,100 SF
    Lot size
    1.91 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Lee Cross
    Lee Cross

    Listing agent Lee Cross

    Listing office Cross Realty

    Listing date Apr 1, 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 Cross Realty

    HighLights

    • Fully renovated commercial space, move‑in ready
    • Versatile unit with office (400 SF) and warehouse/garage (750 SF) space
    • Warehouse/garage features 12‑ft ceilings and an 8‑ft garage door with a new opener
    • Includes a private office, kitchenette, and half bath
    • Additional storage space above the office
    • Convenient location with easy access

    Overview

    This renovated commercial space is located in a strip building and includes a 400-square-foot front office area. The office space features a large, open workspace, a private office, a kitchenette, and a half bath. Additionally, the property includes a 750-square-foot warehouse or garage space. The warehouse has 12-foot ceilings and an 8-foot garage door with a new opener. There is also additional storage space located above the office area. The property is suitable for contractors, tradespeople, or small businesses requiring both office and warehouse facilities. It offers convenient access and is move-in ready. The total property size is 1100 square feet.

    Local Financial Insights For Office B

    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 $23.1k $21.00
    − Vacancy −$3.6k −$3.26
    EGI $19.5k $17.75
    − OpEx −$4.9k −$4.44
    NOI $14.6k $13.31
    1,100 SF · lease $21.00/SF/yr · vacancy 15.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $209.1K
    $183.0K – $244.0K (±1% cap)
    NOI $14,640 @ 7.0% cap · market cap 6.51%
    Second Best
    Warehouse
    $125.0K
    $109.4K – $145.9K (±1% cap)
    NOI $8,752 @ 7.0% cap · market cap 3.89%
    Theoretical Best
    Office A
    $282.2K
    $246.9K – $329.2K (±1% cap)
    NOI $19,753 @ 7.0% cap · market cap 8.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Geronto Auto Towing's ... Auto Parts Store Wynne Star Plumbing ... Plumbing Service Mayflower Commissary llc Take-out & Catering Tidewater Occupational Health Drug Testing Service Hampton Roads Studios, ... Film Production

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Mini Price Storage — 3441 Virginia Beach Blvd, Virginia Beach, VA 23452
    • Jack Rabbit Storage — 189 S Rosemont Rd, Virginia Beach, VA 23452

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.0876
    Latitude
    36.8431

    FAQs

    What type of property is this?
    Warehouse - Versatile commercial space featuring office and warehouse areas.
    Where is this warehouse located?
    The property is located at 3322 Virginia Bch Blvd Virginia Beach, VA.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Fully renovated commercial space, move‑in ready; Versatile unit with office (400 SF) and warehouse/garage (750 SF) space; Warehouse/garage features **12‑ft ceilings** and an **8‑ft garage door with a new opener**
    (757) 726-7653 Call to check price and availability
    More about this property
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