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    5595 Raby Rd Norfolk, VA 23502

    Sponsored
    For Lease
    $9 SF/Yr ($10,800 /Mo)

    14,400 SF Office/Warehouse, Ample Parking

    Lot size:
    14,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 14,400-square-foot property at 5595 Raby Road in Norfolk, Virginia, presents a unique opportunity for a single tenant seeking a combined office and warehouse space. Situated on a generous 5.89-acre lot, the building boasts a flexible layout ideal for a variety of businesses. The space is currently entirely vacant, offering immediate occupancy. The building features a mix of executive office space and warehouse functionality, with ceiling heights ranging from 16 to 21 feet, providing ample vertical storage capacity. Two dock-high doors and one drive-in door ensure efficient loading and unloading of goods. Ample parking is available on-site to accommodate employees and visitors. The property is zoned I-L (Light Industrial), making it suitable for a range of industrial and office uses. The building is powered by single-phase electricity. Located in Norfolk County, Virginia, with a zip code of 23502, this property offers convenient access to major transportation routes and amenities. This is a rare opportunity to secure a substantial, versatile property in a prime location. The entire 14,400 square feet is available for lease. Contact us today to schedule a viewing.

    Property Features for 5595 Raby Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,400 SF
    Total Rate
    10800

    Unit(s) available at that property

    Space
    Building 8
    Size
    14,400 SF
    Rate per SF
    $9

    HighLights

    • 5.89‑acre site.
    • 50' x 25' column spacing.
    • Single‑phase electrical system.
    • Skylights and metal halide lighting.
    • 16' - 21' clear height.
    • Two 10'w x 12'h dock‑high doors and one 10'w x 12'h drive‑in door.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bearfight CrossFit Gym Office Furniture Outlet Used Office Furniture Store East Front Cabinet ... Cabinet Store ElectroKlean Commercial Cleaning Service The Desk Doctor Upholstery Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.215241
    Latitude
    36.85766

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    FAQs

    What type of property is this?
    Distribution property - 14,400 SF Office/Warehouse, Ample Parking
    Where is this distribution property located?
    The property is located at 5595 Raby 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: 5.89-acre site.; 50' x 25' column spacing.; Single-phase electrical system.
    Request Owner's contact information
    5595 Raby Rd Norfolk, VA 23502
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    Norfolk, VA 23502
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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
    5595 Raby Rd Norfolk, VA 23502
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