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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3537 Airline Blvd Portsmouth, VA 23701

50,000 SF
Property ID
Property summary
AI-generated overview

Airline Market Place offers a prime 10,000 square foot office space for lease within a larger 50,000 square foot multi-tenant building. This traditional office space is ideally situated at the Greenwood exit of I-264, directly on Airline Boulevard, benefiting from exceptional visibility and accessibility. The property boasts a strategic location within a densely populated residential area and a thriving retail corridor, ensuring high foot traffic and strong potential for business growth. Nearby anchor tenants include a recently constructed CVS and Food Lion, further solidifying the area's commercial viability. The site features ample parking to accommodate both employees and customers. The intersection of Greenwood and Airline boasts a significant daily traffic volume of 27,000 vehicles per day, providing unparalleled exposure for your business. This space is ready for immediate occupancy and presents a unique opportunity to establish a presence in a high-demand commercial area. The property is classified as both retail and office, allowing for flexibility in use. The building is well-maintained and offers a functional layout suitable for a variety of office configurations. Don't miss this chance to secure a prominent location in a rapidly growing market.

Property profile
Verified
Property type Retail properties & Spaces
Total area 50,000 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
  • China Sun Restaurant
  • Army Recruiting Station Portsmouth Career Guidance Service Employment Center
  • Subway Take-out & Catering
  • Arinola R. Allison, NP Pediatrician Physician
  • Paula M. Crawford-Harris, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
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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