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    212 Expressway Ct Virginia Beach, VA 23462

    Sponsored
    For Lease
    $13 SF/Yr ($3,412 /Mo)

    Modern warehouse space, flexible layouts available.

    Lot size:
    3,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional warehouse property, located at 212 Expressway Court in Virginia Beach, VA 23462, offers a prime opportunity for businesses seeking flexible and functional space. The building, constructed in 1984, boasts a total of 3,150 square feet, currently entirely vacant and available for lease. The space is adaptable to various needs, with a minimum divisible unit of 1,400 square feet and a maximum contiguous space of 1,750 square feet. The warehouse features an 8-foot ceiling height, providing ample vertical space for storage and operations. Convenient loading is ensured with one loading dock. The property is equipped with 3-phase power, catering to businesses with higher energy demands. The zoning designation is I-1, Light Industrial, making it suitable for a wide range of industrial and light manufacturing uses. Situated in the Cleveland submarket of Virginia Beach, this location offers excellent access to transportation routes and a thriving business community. This is an exceptional opportunity to secure a well-maintained and strategically located warehouse space in a desirable area. The property is ready for immediate occupancy. Contact us today to schedule a viewing.

    Property Features for 212 Expressway Ct

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,150 SF
    Total Rate
    3412.5

    Building Details

    Year Built
    1984

    Unit(s) available at that property

    Space
    212 Expressway Court
    Size
    1,400 SF
    Rate per SF
    $13

    HighLights

    • 212 Expressway Court, Virginia Beach, VA 23462
    • ±1,400 SF Available
    • 50/50 Office/Warehouse
    • 1984 Wood Frame Construction
    • Clear Span Columns
    • 3‑Phase Power
    Property Profile Location Intelligence

    Current Use by Public Records

    Empowered Plant Cakes Food Producer Cut Recording Recording Studio

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach City
    State
    Virginia
    Longitude
    -76.16123213
    Latitude
    36.84176588

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    FAQs

    What type of property is this?
    Distribution property - Modern warehouse space, flexible layouts available.
    Where is this distribution property located?
    The property is located at 212 Expressway Ct Virginia Beach, VA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 212 Expressway Court, Virginia Beach, VA 23462; ±1,400 SF Available; 50/50 Office/Warehouse
    Request Owner's contact information
    212 Expressway Ct Virginia Beach, VA 23462
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    Virginia Beach, VA 23462
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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
    212 Expressway Ct Virginia Beach, VA 23462
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