Property profile

4904 Rutherford Rd Virginia Beach, VA 23455

OFF-MARKET
Industrial properties
8,910 SF Built 1989
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Property summary

AI-generated overview

This exceptional flex space, located at 4904 Rutherford Road in Virginia Beach, VA 23455, offers a prime opportunity for businesses seeking efficient and versatile industrial space. The single-story building, constructed in 1989, totals 8,910 square feet and is divided into five suites. Currently, one suite ranging from 1,800 to 1,920 contiguous square feet is available for lease, commencing December 1, 2024. The space boasts a 10' x 10' overhead door, ensuring easy access for loading and unloading. Inside, you'll find a well-maintained 12' x 18' office/bathroom area, providing a comfortable and functional workspace. The property is zoned B2, offering flexibility for a variety of commercial uses. Its strategic location at the intersection of Independence Boulevard and Northampton Boulevard provides exceptional visibility and accessibility, benefiting from high daily traffic volume exceeding 37,000 vehicles. This location within the Hampton Roads submarket of Virginia Beach offers excellent connectivity and access to a thriving business community. The property's excellent condition and convenient location make it an ideal choice for businesses seeking a functional and well-situated space. The minimum divisible space is 1,800 square feet.

Property profile

Verified
Property type Industrial properties
Year built 1989
Total area 8,910 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • HVAC Service General Contractor
  • Landscaping General Contractor
  • Construction Company

Location

4904 Rutherford Rd Virginia Beach, VA 23455
Virginia Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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