Technical
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Property profile

Frontage Poplar Hall Dr Norfolk, VA 23502

OFF-MARKET
Land
0.44 ac lot
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Property summary

AI-generated overview

This exceptional 0.435-acre commercial land parcel presents a unique investment opportunity in the thriving Norfolk, Virginia market. Strategically located on Poplar Hall Drive, between Frizzell Avenue and Brockwell Avenue, this property boasts a high-traffic count of 13,000 vehicles per day, ensuring excellent visibility and accessibility for any business. The property comprises multiple small parcels, totaling 0.435 acres, and includes parcels 5877 and 5883 Poplar Hall Drive. Zoned C-C (Community Commercial), this versatile land is ideally suited for a variety of uses, including but not limited to daycare centers, office spaces, and other commercial ventures. The asking price is $225,000, offering a compelling entry point into the Norfolk commercial real estate market. With its prime location, high traffic volume, and flexible zoning, this property represents a significant opportunity for investors and developers seeking a strong return on investment. The five pads provide ample space for development, allowing for flexibility in design and layout. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area. The zip code is 23502.

Property profile

Verified
Property type Land
Lot 0.44 ac (18,949 SF)

Cap rate & NOI

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

Location

Frontage Poplar Hall Dr Norfolk, VA 23502
Norfolk metro
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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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