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    5941 Harbour View Blvd Suffolk, VA 23435

    Sponsored
    For Lease
    Contact for pricing

    New Suffolk retail space, 1,600-6,290 SF.

    Lot size:
    12,340 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located within the vibrant Blue Point at The Riverfront development in Suffolk, Virginia. The property, situated at 5941 Harbour View Blvd, zip code 23435, offers a newly constructed 12,340 square foot building, with 6,290 square feet of immediately available space. This space is part of a larger 15-acre mixed-use development, anchored by the highly anticipated New Realm Brewery. The building boasts a B-2 zoning classification, providing flexibility for a variety of retail uses. Units are divisible, with a minimum leasable space of 1,600 square feet and a maximum contiguous space of 6,290 square feet. The building was completed in 2024 and is ideally situated in the heart of the Harbour View section of Suffolk, offering excellent visibility and accessibility. This prime location provides unparalleled exposure to a thriving community and presents a unique chance to establish a successful retail presence in a rapidly growing area. The property's modern design and convenient location make it an attractive option for businesses seeking a high-impact retail space. Contact us today to learn more about this exciting opportunity.

    Property Features for 5941 Harbour View Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,340 SF

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    New Retail Shop Space
    Size
    6,290 SF

    HighLights

    • Northern Suffolk is Hampton Roads' fastest‑growing submarket within the fastest‑growing city.
    • Easy I‑664 access via College Drive and Bridger Road.
    • Excellent demographics, high traffic counts, and strong residential/commercial growth.
    • Retail space delivery anticipated Fall 2024.
    • New Realm Brewery opening expected November 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk
    State
    Virginia
    Longitude
    -76.4377734
    Latitude
    36.8794427

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    FAQs

    What type of property is this?
    Retail property - New Suffolk retail space, 1,600-6,290 SF.
    Where is this retail property located?
    The property is located at 5941 Harbour View Blvd Suffolk, VA.
    What are key features of this property?
    This property features: Northern Suffolk is Hampton Roads' fastest-growing submarket within the fastest-growing city.; Easy I-664 access via College Drive and Bridger Road.; Excellent demographics, high traffic counts, and strong residential/commercial growth.
    Request Owner's contact information
    5941 Harbour View Blvd Suffolk, VA 23435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5941 Harbour View Blvd Suffolk, VA 23435
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