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Property profile & analytics
OFF-MARKET
Warehouses

2701 St Julian Ave Norfolk, VA 23504

39,914 SF Built 1961
Property ID
Property summary
AI-generated overview

This exceptional Norfolk, Virginia property at 2701 St Julian Ave offers a unique blend of office and industrial space, ideal for a variety of businesses. The 39,914 square foot building sits on a 1.52-acre lot and boasts a flexible layout, with multiple tenancy options available. Spaces range from a minimum of 8,347 square feet to a maximum contiguous space of 26,872 square feet, with a significant 35,219 square feet currently vacant. Built in 1961, the building features high ceilings ranging from 17' to 20' and 13' to 16', providing ample vertical space. The property is well-equipped for industrial use, including two loading docks and three dock-high doors. Power is provided by a robust 3-phase 480/277 volt, 1200 amp system. The property is zoned I-L (light industrial), allowing for a wide range of permitted uses. Located in Norfolk, VA, 23504, this property offers excellent access to major transportation routes and a thriving business community. This is a rare opportunity to secure a substantial and versatile space in a prime location. Contact us today to learn more about leasing options and schedule a viewing.

Property profile
Verified
Property type Warehouses
Year built 1961
Total area 39,914 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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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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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