1 Wild Duck Ln Portsmouth, VA 23703
For Lease
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This exceptional 201,500-square-foot warehouse, situated on a sprawling 15.4-acre lot in Portsmouth, Virginia, presents a unique investment opportunity. Built in 2022, the property boasts a modern design and is currently entirely vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. The warehouse features a substantial 36-foot ceiling height, providing ample vertical space for storage or high-volume operations. Loading and unloading are facilitated by a single loading dock, ensuring efficient logistics. Ample parking is available with 255 spaces provided on-site. The property is zoned IN (Industrial), allowing for a wide range of industrial uses. Located at 1 Wild Duck Ln, Portsmouth, VA 23703, this property offers easy access to major transportation routes, making it an ideal location for businesses requiring efficient distribution and logistics. The property's size and modern amenities make it suitable for a variety of industrial uses, from warehousing and distribution to light manufacturing. This is a rare opportunity to acquire a large, modern warehouse in a prime industrial location. The property is ready for immediate occupancy and offers significant potential for growth and return on investment.
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Cogentrix Virginia Leasing Electric Utility Company
Opens in a new window Search... Use up/down arrow keys to navigate suggestions, Enter to select, Esc to close. Zoning Ordinance Zoning Permits Zoning Sign Permits Zoning Verification Requests Home Government Departments and Offices Planning Department Zoning Zoning Ordinance Zoning Ordinance The Zoning Ordinance can also be accessed online. Regulations
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
IN · Portsmouth, VAOpens in a new window Search... Use up/down arrow keys to navigate suggestions, Enter to select, Esc to close. Zoning Ordinance Zoning Permits Zoning Sign Permits Zoning Verification Requests Home Government Departments and Offices Planning Department Zoning Zoning Ordinance Zoning Ordinance The Zoning Ordinance can also be accessed online. Regulations
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.