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    208 25Th St Norfolk, VA 23517

    Sponsored
    For Lease
    $14 SF/Yr ($6,000 /Mo)

    5,000 SF Warehouse Space Available

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,000-square-foot warehouse property in Norfolk, Virginia's vibrant Railroad District offers a unique investment opportunity. Located at 208 W 25th St, zip code 23517, the property boasts a prime location surrounded by thriving businesses including The Fishin’ Pig Norfolk, Rip Rap Brewery, and Coalescence Coffee. The building is classified as both retail and industrial, with a warehouse and office subtype. Currently, the entire 5,000 square feet is vacant, presenting a blank canvas for a variety of uses. The space is divided into multiple tenancies, offering flexibility for different business needs. Two spaces are immediately available, ranging in size from 2,000 to 5,000 square feet, allowing for customization to suit specific requirements. This property presents a rare chance to establish a presence in a rapidly developing area with high foot traffic and strong local appeal. The strategic location and versatile space make this an ideal choice for businesses seeking a dynamic and convenient location in the heart of Norfolk's Railroad District. Contact us today to learn more about this exciting opportunity.

    Property Features for 208 25Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF
    Total Rate
    6000

    Unit(s) available at that property

    Space
    200-B
    Size
    2,000 SF
    Rate per SF
    $16
    Space
    100
    Size
    5,000 SF
    Rate per SF
    $14

    HighLights

    • 5,000 SF warehouse in Norfolk, VA's Railroad District at 208 W 25th St, zip code 23517.
    • Retail and industrial zoning, currently vacant, divisible into multiple tenancies.
    • Two spaces available, 2,000‑5,000 SF, customizable.
    • Prime location near breweries, restaurants, and new residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Saturday Candle Company ... E-Commerce Service Meltdown Club Home Goods Store Ardent Candle Company Marketing Consultant PermitZIP Engineering Consultant

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.2857086
    Latitude
    36.8711054

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    FAQs

    What type of property is this?
    Distribution property - 5,000 SF Warehouse Space Available
    Where is this distribution property located?
    The property is located at 208 25Th St Norfolk, VA.
    What is the lease rate?
    The lease rate is $14-$16 SF/Yr.
    What are key features of this property?
    This property features: 5,000 SF warehouse in Norfolk, VA's Railroad District at 208 W 25th St, zip code 23517.; Retail and industrial zoning, currently vacant, divisible into multiple tenancies.; Two spaces available, 2,000-5,000 SF, customizable.
    Request Owner's contact information
    208 25Th St Norfolk, VA 23517
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    Norfolk, VA 23517
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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
    208 25Th St Norfolk, VA 23517
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