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Flex Space with Roll-Up Door Loading
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350 Cleveland Pl, Virginia Beach, VA 23462

Light industrial flex building with I-1 zoning and roll-up loading with a small office in each unit.

Property Size800 SF
Days on Market81

Property Features for 350 Cleveland Pl

General Information

Standard status Active
Size 800 SF
Property subtype FLEX_R_AND_D
Zoning I-1
Lease Type SF/mo

Additional Details

Space Use Flex

Building Details

Building Size 12,800 SF
Listing Agency: Colliers | Norfolk
Listed By: Ricky Anderson · License #0225181900
Source: Moodyscre
Added: May 11 Changed: Jul 30 Last Checked: Jul 30 at 6:01PM

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 Colliers | Norfolk

Investment Insights

Based on property information with market context.

Flex space opportunity featuring a 12,800 SF flex building with I-1 (Light Industrial District) zoning. Each unit includes loading with a single 9’ x 10’ roll up door and an interior layout of 38’ x 20’, plus one small office.

The property is centrally located off Cleveland Street near Witchduck Road, with convenient access to I-264 and Virginia Beach Town Center within minutes.

Designed for tenants needing both light industrial space and straightforward loading, the configuration provides a compact work area supported by dedicated office space within each unit.

Key Highlights

  • 12,800 SF flex building in an I‑1 (Light Industrial District) zone
  • Each unit has one 9’ x 10’ roll up door for loading
  • Unit layout of 38’ x 20’ with one small office

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Building Supply Spa & Massage Center Hotel & Motel

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

Lease Details

NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,085
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23462, VA

68,045
Population
29,729
Households
2.3
Avg Household Size
34
Median Age
31%
College-Educated
94%
High-School Grad
11.0 sq mi
ZIP Area
6,186
Density / Sq Mi
$69,680
Median Household Income
$43,613
Median Earnings
$1,652
Median Rent
$269,400
Median Home Value

Market

Lease Benchmarks for Virginia Beach, VA

$55.01 /SF/Yr
Avg Asking Price
$0.8–$141 /SF/Yr
Price Range
8,467 SF
Avg Space Size

This space is priced 70% below the average of $55.01 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Light industrial flex building with I-1 zoning and roll-up loading with a small office in each unit.
Where is this flex space located?
The property is located at 350 Cleveland Pl Virginia Beach, VA.
What is the lease rate?
The lease rate is $1,100 /Mo.
What are key features of this property?
This property features: 12,800 SF flex building in an I‑1 (Light Industrial District) zone; Each unit has one 9’ x 10’ roll up door for loading; Unit layout of 38’ x 20’ with one small office
(757) 217-1892 Call to check price and availability
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