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    2100 Portsmouth Blvd Portsmouth, VA 23704

    Sponsored
    For Lease
    Contact for pricing

    ±6,350 SF Industrial Building & Yard

    Lot size:
    6,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±6,350 square foot industrial property, situated on a 1.15-acre lot in Portsmouth's Mid-City submarket (Southside cluster), offers a unique opportunity for businesses needing both indoor and outdoor space. The building features approximately 1,200 square feet of office space, complemented by a substantial ±6,200 square feet of vacant industrial space. The property boasts a fenced, stabilized, and lit yard area, ideal for various uses. With four loading docks and ceiling heights ranging from 10 to 13 feet, this space is well-suited for businesses requiring efficient loading and ample storage. The zoning is IL (Light Industrial), allowing for a wide range of compatible businesses. The property's strategic location offers easy access to major transportation arteries, being approximately 1.2 miles from the Norfolk Naval Shipyard and 0.5 miles from I-264. This location is particularly advantageous for naval/defense contractors, service businesses with fleet vehicles, building materials suppliers, equipment sales/rental companies, and other businesses needing outdoor storage. The property is located within a designated Opportunity Zone and Enterprise Zone, making it eligible for potential incentives. Minimum divisible space is 1,200 square feet, with a maximum contiguous space of 5,900 square feet available. Ingress and egress are easily accessible from Deep Creek Boulevard and Chicago Avenue.

    Property Features for 2100 Portsmouth Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,350 SF

    Unit(s) available at that property

    Space
    Building B
    Size
    1,200 SF
    Space
    Building A
    Size
    5,900 SF

    HighLights

    • ±6,350 SF industrial building and ±1.15‑acre lot available for lease.
    • ±1,200 SF minimum divisible space, up to ±5,900 SF contiguous.
    • ±6,200 SF vacant space.
    • 10'-13' ceiling height, 4 loading docks.
    • IL (Light Industrial) zoning, located in Portsmouth, Mid‑City submarket (Southside cluster).
    • Fenced, secured, and illuminated yard.
    Property Profile Location Intelligence

    Current Use by Public Records

    GAC Automotive Auto Repair Shop d & s suppliers Truck Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Portsmouth
    State
    Virginia
    Longitude
    -76.32618996
    Latitude
    36.81804326

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    FAQs

    What type of property is this?
    Land - ±6,350 SF Industrial Building & Yard
    Where is this land located?
    The property is located at 2100 Portsmouth Blvd Portsmouth, VA.
    What are key features of this property?
    This property features: ±6,350 SF industrial building and ±1.15-acre lot available for lease.; ±1,200 SF minimum divisible space, up to ±5,900 SF contiguous.; ±6,200 SF vacant space.
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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
    2100 Portsmouth Blvd Portsmouth, VA 23704
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