5595 Raby RdNorfolk, VA 23502

  • Industrial properties
  • 29,119 SF
For Lease
$9/SF/YR View listing

Property Details for 5595 Raby Rd

Year built
1964
Lot size
5.89 AC
Property size (Sq ft)
29,119 SF
Zone code
I-2
Property type
Industrial properties
Property subtype
Other warehouses
APN
25248800
APU
25248800

Description

This exceptional 14,400-square-foot property at 5595 Raby Road in Norfolk, Virginia, presents a unique opportunity for a single tenant seeking a combined office and warehouse space. Situated on a generous 5.89-acre lot, the building boasts a flexible layout ideal for a variety of businesses. The space is currently entirely vacant, offering immediate occupancy. The building features a mix of executive office space and warehouse functionality, with ceiling heights ranging from 16 to 21 feet, providing ample vertical storage capacity. Two dock-high doors and one drive-in door ensure efficient loading and unloading of goods. Ample parking is available on-site to accommodate employees and visitors. The property is zoned I-L (Light Industrial), making it suitable for a range of industrial and office uses. The building is powered by single-phase electricity. Located in Norfolk County, Virginia, with a zip code of 23502, this property offers convenient access to major transportation routes and amenities. This is a rare opportunity to secure a substantial, versatile property in a prime location. The entire 14,400 square feet is available for lease. Contact us today to schedule a viewing.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,038,210
    Hospitality
    $6,446,962
    Educational
    $5,363,797
    Medical
    $5,548,266
    Retail
    $8,343,684
5595 Raby Rd, Norfolk, Virginia
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Location Insight

City
Norfolk
County
Norfolk City
State
Virginia
Latitude
36.8577
Longitude
-76.2152
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
$40,820
$1,628,100
$1,637,500
$3,265,600
-
$1,628,100
$1,637,500
$3,265,600

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