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    1795 King St Portsmouth, VA 29405

    Sponsored
    For Lease
    $10 SF/Yr ($16,666 /Mo)
    Lot size:
    20,000 SF
    Added:
    Dec 11, 2024
    Days on Market:
    392

    Property Features for 1795 King St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Total Rate
    16666.67

    Building Details

    Year Renovated
    2021

    Unit(s) available at that property

    Space
    Available Space
    Size
    20,000 SF
    Rate per SF
    $10

    HighLights

    • ±12,000 - ±20,000 SF warehouse/storage space available for lease on the Upper Peninsula.
    • Three loading docks and one drive‑in door included.
    • Excellent signage opportunity on King Street Ext.
    • Building improvements and space subdivision available to suit tenant needs.
    • New roof installed in 2021.
    • Heavy Industrial zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    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
    Charleston
    State
    Virginia
    Longitude
    -79.9517092
    Latitude
    32.8183868

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    FAQs

    Where is this distribution property located?
    The property is located at 1795 King St Portsmouth, VA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: ±12,000 - ±20,000 SF warehouse/storage space available for lease on the Upper Peninsula.; Three loading docks and one drive-in door included.; Excellent signage opportunity on King Street Ext.
    Request Owner's contact information
    1795 King St Portsmouth, VA 29405
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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
    1795 King St Portsmouth, VA 29405
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