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Property profile & analytics
OFF-MARKET
Neighborhood centers

5811 Norfolk Rd Portsmouth, VA 23703

3,960 SF
Property ID
Property summary
AI-generated overview

This exceptional 3,960 square foot retail property, located at 5811 West Norfolk Rd in Portsmouth, Virginia (zip code 23703), presents a unique opportunity for a single tenant or multiple tenants seeking a high-visibility location. Currently fully vacant, this strip center offers unparalleled flexibility for businesses seeking to establish or expand their presence in a thriving market. The entire building is available for lease, providing a substantial footprint for a large-scale operation or the potential to be subdivided for multiple smaller businesses. The property's convenient location in Portsmouth city County offers excellent access to major roadways and a strong customer base. The building's total square footage is 3,960 square feet, providing ample space for a variety of retail or restaurant concepts. This is an ideal opportunity for businesses looking for a prominent location with high visibility and significant square footage to accommodate their needs. The property is classified as a retail and restaurant space, making it suitable for a wide range of commercial uses. Its location in Portsmouth, Virginia, offers access to a diverse population and strong local economy. Serious inquiries are encouraged to explore this exceptional opportunity to secure a prime retail space in a desirable location. The property is ready for immediate occupancy. Contact us today to schedule a viewing and discuss your business needs.

Property profile
Verified
Property type Neighborhood centers
Total area 3,960 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gardner Willz Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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