Search
Light Industrial Flex Warehouse
For Lease
Contact for pricing

500 Confederate Ave, Portsmouth, VA 23704

Industrial facility with 16 docks, four grade-level doors, and 1,500 RSF of office space on a light-industrial site.

Space Size69,000 SF
Lot Size2.75 Acres
Days on Market1026

Property Features for 500 Confederate Ave

General Information

Standard status Active
Size 69,000 SF
Lot size 2.75 Acres
Property subtype INDUSTRIAL
Zoning IL

Warehouse & Industrial

Dock-High Doors 16
Drive-In Doors 4
Heavy Power Yes

Spaces For Lease

at 500 Confederate Ave Contact us

500 Confederate Ave

Floor
Bldg
Size
69,000 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- ±69,000 RSF industrial facility for sale or lease - Majority warehouse with ±1,500...
show more
Contact us
Listing Agency: Colliers | Norfolk
Listed By: Ricky Anderson · License #0225181900
Source: Moodyscre
Added: Nov 22, 2023 Changed: Aug 8 Last Checked: Sep 12 at 7:53AM

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.

This industrial facility includes a large warehouse area with approximately 1,500 RSF of office space, offering a flexible setup for storage and administrative functions. The site is planned on a 2.75-acre parcel and is zoned IL (Light Industrial), with the property described as easily subdividable for multi-tenant use.

Loading is supported by 16 docks and four grade-level doors, along with 3-phase, 480V power. The property is also noted as being in close proximity to Port of Virginia facilities (NNMT, NIT, VIG, PMT).

The listing also states that a strong tenant improvement package is available for creditworthy tenants, which may help accommodate a tenant’s operating needs.

Key Highlights

  • ±169,000 RSF industrial facility for sale or lease
  • Majority warehouse plus ±1,500 RSF office space
  • On a 2.75 AC site zoned IL (Light Industrial)

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Furniture selects Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Restaurant Spa & Massage Center

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

16
Dock-high doors
4
Drive-in doors
Yes
Heavy power
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • EZ Move of VA 2227 Pulaski St, Portsmouth, VA 23704
  • Ison Distribution Services LLC 500 CONFEDERATE AVE, 2401 High St, Portsmouth, VA 23704
  • Stewart Moving & Storage 830 Douglas Ave, Portsmouth, VA 23707

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial facility with 16 docks, four grade-level doors, and 1,500 RSF of office space on a light-industrial site.
Where is this warehouse located?
The property is located at 500 Confederate Ave Portsmouth, VA.
What are key features of this property?
This property features: ±169,000 RSF industrial facility for sale or lease; Majority warehouse plus ±1,500 RSF office space; On a 2.75 AC site zoned IL (Light Industrial)
(757) 217-1892 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message