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    1431 High St Portsmouth, VA 23704

    Sponsored
    For Sale
    Contact for pricing

    High-street flex space, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property presents a unique investment opportunity in the vibrant city of Portsmouth, Virginia. Situated on a highly desirable corner lot at 1431 High Street, zip code 23704, this industrial property offers unparalleled visibility and accessibility. The flexible zoning allows for a variety of uses, making it ideal for businesses seeking office space, flex space, or retail operations. The property's location in Portsmouth, VA, provides easy access to major transportation routes, ensuring convenient commutes for employees and customers alike. The latitude and longitude coordinates are 36.834681 and -76.316431 respectively. This corner lot presents a significant advantage for businesses seeking maximum exposure and brand recognition. The property's classification as "flex" space provides adaptability for a wide range of business models, allowing for customization to meet specific operational needs. This prime location in Portsmouth offers a strong foundation for growth and success, making it an attractive investment for both established businesses and new ventures. The property's industrial nature provides ample space for various business operations, while the corner lot location ensures high visibility and accessibility. This is a rare opportunity to acquire a versatile and strategically located commercial property in a thriving market. Don't miss out on this chance to secure a valuable asset in a prime Portsmouth location.

    Property Features for 1431 High St

    General Information

    Property type
    Flex space

    HighLights

    • Corner lot at 1431 High Street, Portsmouth, VA 23704.
    • Flexible zoning allows for office, flex, or retail use.
    • Prime location with high visibility and accessibility near major transportation routes.
    • 36.834681, -76.316431.
    • Ideal for businesses seeking maximum exposure and brand recognition.
    • Adaptable flex space for various business models.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    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 City
    State
    Virginia
    Longitude
    -76.316431
    Latitude
    36.834681

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    FAQs

    What type of property is this?
    Flex space - High-street flex space, prime location.
    Where is this flex space located?
    The property is located at 1431 High St Portsmouth, VA.
    What are key features of this property?
    This property features: Corner lot at 1431 High Street, Portsmouth, VA 23704.; Flexible zoning allows for office, flex, or retail use.; Prime location with high visibility and accessibility near major transportation routes.
    Request Owner's contact information
    1431 High St Portsmouth, VA 23704
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    Portsmouth, VA 23704
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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
    1431 High St Portsmouth, VA 23704
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