Current Use by Public Records
- MidAtlantic Surveying And Land Design / Land Surveyor
- Data Cable Technologies / Telecommunications Service / General Contractor
- Collins Engineers / Engineer
- Guernsey, Inc. / (Bike/Boat/Book/etc) Store
- Capital Mortgage / Loan Service / Bank
Property Details for 5257 Cleveland St
- Year built
- 1987
- Property type
- Warehouses
- Property subtype
- Life science properties
Description
This exceptional Virginia Beach property, located at 5269 Cleveland Street, offers a diverse portfolio of office and industrial spaces totaling 37,366 square feet across two buildings. The property features a variety of suite sizes, ranging from a minimum of 1,173 square feet to a maximum contiguous space of 9,234 square feet, accommodating diverse business needs. Built in 1987, the two-story building boasts 12-foot ceilings in the production/shop areas and features convenient amenities including an elevator, five drive-in doors, and four loading docks. The property benefits from excellent interstate visibility and ample surface parking. Currently, there are multiple suites available, with customizable floor plans to meet tenant requirements. The zoning is I-1 (Light Industrial), and the lease rate is $13.00 per square foot, NNN, with an operating expense of $2.40 per square foot. The property's strategic location within the Cleveland Industrial submarket of Virginia Beach, VA (zip code 23462) provides easy access to major transportation routes. This versatile property is ideal for businesses seeking flexible and functional space in a prime location.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Virginia Beach
- County
- Virginia Beach City
- State
- Virginia
- Longitude
- -76.1632
- Latitude
- 36.8427
