1554 Juniper St Norfolk, VA 23502-1646
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Norfolk, VANorfolk. Always verify with local authorities before improvements.
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.