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Property profile & analytics
OFF-MARKET
Warehouses

1554 Juniper St Norfolk, VA 23502-1646

11,558 SF 0.41 ac lot Built 1965
Entity Owned 2-yr Hold Free & Clear
Property ID
US87-3374402
Property summary
AI-generated overview

This exceptional 11,648-square-foot flex space at 1554 Juniper Street in Norfolk, Virginia, presents a unique opportunity for businesses seeking a versatile industrial property. Situated on a 0.408-acre lot, this single-tenant building boasts a recent 2024 renovation, ensuring modern functionality and efficiency. The property features a range of ceiling heights from 10 to 25 feet, providing ample space for various operational needs. Three dock-high doors facilitate easy loading and unloading, while the robust 3-phase, 400-amp power supply caters to energy-intensive operations. The building is zoned I-L (Industrial - Light), allowing for a broad spectrum of permitted uses. Built in 1965, this property has been meticulously updated, offering a blend of character and contemporary amenities. The entire 11,648 square feet is currently available for lease and is divisible into two units, providing flexibility for businesses of varying sizes. Its location in Norfolk County, Virginia, zip code 23502, offers convenient access to major transportation routes and a thriving business community. This property is ideal for businesses seeking a well-maintained, versatile, and strategically located industrial space. The combination of modern upgrades, ample space, and convenient location makes this an exceptional opportunity.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1965
Total area 11,558 SF
Lot 0.41 ac (17,786 SF)
Zoning code I-1
APN 38838800
UPID US87-3374402
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Scott Rug Cleaners Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
1554 Juniper LLC · 2 yrs held
1554 Juniper LLC
since 2024
Last sale
$1.2M
1 recorded transaction
2024
$250,000
Zoning & alternative use
I-1 · Norfolk, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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