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Property profile & analytics
OFF-MARKET
Warehouses

5321 Cleveland St Virginia Beach, VA 23462

Built 1983
Property ID
Property summary
AI-generated overview

This exceptional 4,000 square foot industrial property, located at 5321 Cleveland Street in Virginia Beach, VA 23462, presents a fantastic opportunity. Currently, 3,000 square feet of space is immediately available for lease. The building, constructed in 1983, offers a versatile blend of warehouse and flex space, ideal for a variety of businesses. The space features a 12-foot ceiling height, providing ample vertical storage capacity. One loading dock simplifies loading and unloading operations. The property is zoned I-1, allowing for a range of industrial uses. Electrical service is single-phase. The building is multi-tenant, offering a collaborative environment. The available space is approximately a 50/50 split between office and warehouse areas, providing flexibility for diverse operational needs. This prime location in Virginia Beach offers easy access to major transportation routes, enhancing logistical efficiency. This is a rare opportunity to secure a well-maintained industrial space in a desirable location. Contact us today to schedule a viewing.

Property profile
Verified
Property type Warehouses
Year built 1983
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
  • 1-800 Radiator & A/C-Virginia Beach Auto Parts Store
  • Mr. Handyman of Virginia Beach Plumbing Service General Contractor
  • Decision Technologies Repair Facility Electronics & Wireless Store Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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