Frontage Poplar Hall Dr Norfolk, VA 23502
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.