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    Property profile & analytics

    208 25Th St Norfolk, VA 23517

    • Retail space
    • 20,250 SF
    • 0.38 lot acres
    For Lease
    View listing
    $14 SF/Yr
    Value Estimation
    $515,000
    Location Intelligence
    Property ID
    US87-3377743
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Saturday Candle Company LLC / E-Commerce Service / Candle Store
    • Meltdown Club / Home Goods Store
    • Ardent Candle Company / Marketing Consultant
    • PermitZIP / Engineering Consultant

    Property Details for 208 25Th St

    Year built
    1920
    Lot size
    0.38 lot acres
    Property size
    20,250 SF
    Zone code
    I-1
    Property type
    Retail space
    APN
    31517600
    APU
    31517600

    Description

    This exceptional 5,000-square-foot warehouse property in Norfolk, Virginia's vibrant Railroad District offers a unique investment opportunity. Located at 208 W 25th St, zip code 23517, the property boasts a prime location surrounded by thriving businesses including The Fishin’ Pig Norfolk, Rip Rap Brewery, and Coalescence Coffee. The building is classified as both retail and industrial, with a warehouse and office subtype. Currently, the entire 5,000 square feet is vacant, presenting a blank canvas for a variety of uses. The space is divided into multiple tenancies, offering flexibility for different business needs. Two spaces are immediately available, ranging in size from 2,000 to 5,000 square feet, allowing for customization to suit specific requirements. This property presents a rare chance to establish a presence in a rapidly developing area with high foot traffic and strong local appeal. The strategic location and versatile space make this an ideal choice for businesses seeking a dynamic and convenient location in the heart of Norfolk's Railroad District. Contact us today to learn more about this exciting opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $545,000

    • CAP approach

      CAP return
      Estimation
      6%
      $490,000
      6.5%
      $510,000
      7%
      $505,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $515,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $480,000
      Retail
      $570,000
      Mixed-Use
      $470,000
      Hospitality
      $565,000
      Educational
      $480,000
      Residential Income
      $560,000
      Energy
      $500,000
      Income-Based Land
      $420,000
      Food Service
      $450,000

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.2857
    Latitude
    36.8711
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,466
    $189,000
    $568,300
    $757,300
    -
    $189,000
    $568,300
    $757,300

    Comparable in this City

    • Value Estimation by Request
      13,628 SF

      2401 Hampton Blvd

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      View Details
    • Value Estimation by Request
      4,410 SF

      2100 Monticello Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,410 SF
      2100 Monticello Ave, Norfolk, VA 23517-2343
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    • Value Estimation
      $280,000
      8,032 SF

      2111 Colonial Ave

      RETAIL STORES (PERSONAL SERVICES) • 8,032 SF
      2111 Colonial Ave, Norfolk, VA 23517-1926
      View Details
    • Value Estimation
      $425,000
      1,747 SF

      839 21st St

      RETAIL STORES (PERSONAL SERVICES) • 1,747 SF
      839 21st St, Norfolk, VA 23517-1513
      View Details
    • Value Estimation
      $405,000
      3,740 SF

      901 21st St

      RETAIL STORES (PERSONAL SERVICES) • 3,740 SF
      901 21st St, Norfolk, VA 23517-1515
      View Details
    • Value Estimation
      $270,000
      5,000 SF

      1601 Colley Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,000 SF
      1601 Colley Ave, Norfolk, VA 23517-1609
      View Details

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    Similar Nearby for Lease

    • $17 SF/Yr
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      Retail Space Available For Rent

      Retail space available for lease in Norfolk, Virginia.
      226 W 25Th St, Norfolk, VA 23517
      View Details
    • Contact for pricing
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    • $21 SF/Yr
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      Retail Space on Colley Avenue

      Retail space available for lease in Norfolk, Virginia.
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    208 25Th St
    Norfolk, VA 23517
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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