Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5301 Princess Anne Rd Norfolk, VA 23502

    Sponsored
    For Lease
    $9 SF/Yr

    Prime Norfolk industrial flex space for lease. Ideal for diverse businesses.

    Lot size:
    27,488 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 27,488-square-foot flex space at 5301 E. Princess Anne Road in Norfolk, Virginia, presents a unique opportunity for a variety of businesses. The single-story, Class C building, constructed in 1960, sits on a 2.3-acre lot and offers a versatile layout previously used as a trade school. The property features adaptable spaces suitable for office, institutional, warehousing, or professional service operations. Existing administrative and classroom areas are available, providing immediate functionality. The warehouse area boasts a significant 19'6" ceiling height and includes one 12' x 12' roll-up door for convenient loading and unloading. Ample parking is provided with 165 spaces. The property is zoned C-C (Community Commercial) and is conveniently located within the Norfolk Industrial Park submarket, just 1.5 miles from I-64 and a short 2-mile drive to the Norfolk Premium Outlets and Ikea, ensuring excellent accessibility and visibility. The building features a 17'6" ceiling height in the office areas. This property offers a compelling combination of space, location, and adaptability, making it an attractive option for businesses seeking a functional and strategically positioned location in Norfolk.

    Property Features for 5301 Princess Anne Rd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,488 SF
    Class
    C
    Total Rate
    21761.33

    Building Details

    Year Built
    1960
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    27,488 SF
    Rate per SF
    $9

    HighLights

    • 1200‑amp, 120/208‑volt, 3‑phase power at front right.
    • 800‑amp, 277/480‑volt, 3‑phase power at rear right.
    • 16'9" clear‑span warehouse ceiling height.
    • One 12' x 12' roll‑up door.
    • 165 on‑site parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Top Tier Solar ... Solar Energy Company Cox Hampton Roads Cable Company Employment Services Inc Employment Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.2199659
    Latitude
    36.872072

    Nearby Similar for Lease

    • $28 SF/Yr
      6,400 SF

      Downtown Norfolk Restaurant/Bar Space

      6,400 SF restaurant/bar with commercial kitchen for lease.
      241 Granby St, Norfolk, VA 23510
      View Details
    • $6,000 /Mo
      3,000 SF

      Office Space with Included Utilities

      First floor office suites with amenities and included utilities.
      6024 Virginia Beach Blvd, Norfolk, VA 23502
      View Details
    • New
      $18 SF/Yr
      1,865 SF

      Norfolk Office Space For Lease

      Second-floor office suite with utilities included and ample parking.
      1208 Little Creek Rd, Norfolk, VA 23518
      View Details
    • $1.78 SF/Yr
      3,200 SF

      Office Space with Ample Parking

      Office spaces for lease, conveniently located near amenities.
      1512 E Little Creek Rd, Norfolk, VA 23518
      View Details
    • Contact for pricing
      1,500 SF

      Norfolk Retail Space for Lease

      Grocery-anchored shopping center space available in Norfolk, Virginia.
      2300-2376 E Little Creek Rd, Norfolk, VA 23518
      View Details
    • $22 SF/Yr
      6,757 SF

      Class A Office Space Norfolk

      Class A office building in Norfolk's financial district.
      300 E Main St, Norfolk, VA 23510
      View Details
    • Contact for pricing
      1,455 SF

      Retail Space in Norfolk, VA

      Retail space available in up-and-coming Norfolk location.
      2501 Hampton Blvd, Norfolk, VA 23517
      View Details
    • Contact for pricing
      4,397 SF

      Retail Space in Growing Area

      Up-and-coming retail site near naval base and university.
      1215 W 25Th St, Norfolk, VA 23508
      View Details
    • Contact for pricing
      1,209 SF

      Modern Office Space with Amenities

      Renovated office suites with gym, deli, and conference rooms.
      6353 Center Dr, Norfolk, VA 23502
      View Details
    • Contact for pricing
      1,273 SF

      Modern Office Space Ready Now

      Move-in ready office suites with modern amenities and convenient location.
      6387 Center Dr, Norfolk, VA 23502
      View Details
    • Contact for pricing
      2,229 SF

      Retail Space in Norfolk, VA

      Retail space available for rent in Norfolk, Virginia.
      2401 Hampton Blvd, Norfolk, VA 23517
      View Details
    • Contact for pricing

      Retail Space in Southern Center

      Retail space available in well-leased shopping center near naval station.
      7525 Tidewater Dr, Norfolk, VA 23505
      View Details

    FAQs

    What type of property is this?
    Flex space - Prime Norfolk industrial flex space for lease. Ideal for diverse businesses.
    Where is this flex space located?
    The property is located at 5301 Princess Anne Rd Norfolk, VA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 1200-amp, 120/208-volt, 3-phase power at front right.; 800-amp, 277/480-volt, 3-phase power at rear right.; 16'9" clear-span warehouse ceiling height.
    Request Owner's contact information
    5301 Princess Anne Rd Norfolk, VA 23502
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5301 Princess Anne Rd
    Norfolk, VA 23502
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5301 Princess Anne Rd Norfolk, VA 23502
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.