981 Scott St Norfolk, VA 23502
- Warehouses
- 18,238 SF
- 3.68 lot acres
Current Use by Public Records
- CORNERSTONE WORKPLACE SERVICES, LLC / Office Furniture Store / Moving And Storage Service
- Fairbanks Morse / Manufacturer
- International Paint Ltd / Paint Store
Property Details for 981 Scott St
- Year built
- 1962
- Lot size
- 3.68 lot acres
- Property size
- 18,238 SF
- Zone code
- I-3
- Property type
- Warehouses
- APN
- 16182500
- APU
- 16182500
Description
This exceptional 18,300-square-foot flex space at 981 Scott Street, Suite A, in Norfolk County offers a unique blend of office and warehouse functionality. Built in 2013, this Class C building boasts a single-tenant occupancy, making it ideal for a business seeking ample space and privacy. The layout comprises approximately 20% office space and 80% warehouse space, providing flexibility for various operational needs. The warehouse features a 24-foot clear ceiling height, two loading docks, and one drive-in door, ensuring efficient material handling. The property also includes ample parking and a fenced outside storage yard. Electrical systems include 3-phase, 600 amp/208 volts power. The building is equipped with an ESFR sprinkler system. Zoned I-G, this property offers significant potential. The lease rate is $10.50 per square foot, NNN, with an estimated 2024 operating expense of $1.94 per square foot. The building is constructed of split block.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norfolk
- County
- Norfolk City
- State
- Virginia
- Longitude
- -76.2423
- Latitude
- 36.8516
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
