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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3120 High St Portsmouth, VA 23707

46,260 SF 2.97 ac lot Built 1955
Property ID
Property summary
AI-generated overview

Rodman Shopping Center, a prime Portsmouth, VA retail property, offers 46,260 square feet on a 2.974-acre lot. Currently, 4,400 square feet are available for lease. This Class C center, built in 1955, benefits from a General Mixed-Use (GMU) zoning designation. The property boasts excellent visibility due to its location at a well-lit intersection with multiple points of entry and exit. A Family Dollar anchors the center, providing strong existing traffic and drawing customers from a robust residential and commercial area. The center's strategic location offers easy access to the Martin Luther King Freeway and Interstate 264, placing it just minutes from Downtown Norfolk. The available space is ideal for a variety of uses, including a laundromat, tobacco/smoke shop, or thrift store. The suite features a convenient grade-level roll-up door at the rear, facilitating efficient loading and unloading. The surrounding area includes a mix of attractive retail businesses, offices, single-family homes, and apartments, creating a diverse and thriving community. This is a rare opportunity to acquire a well-positioned retail space in a high-demand area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1955
Total area 46,260 SF
Lot 2.97 ac (129,547 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
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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