1601 Marshall Ave Portsmouth, VA 23704
For Sale
This exceptional 5.74-acre parcel located at 1601 Marshall Avenue in Portsmouth, Virginia, presents a unique investment opportunity. Offered at $1,700,000, the property is being sold in its current "as-is" condition. The substantial land area provides ample space for a variety of potential commercial or industrial uses, subject to city zoning regulations and permitting requirements. Prospective buyers are encouraged to conduct their own due diligence regarding permitted uses and development feasibility. Given the size and location, this property is well-suited for businesses requiring significant outdoor space, storage, or manufacturing capabilities. The property's address is 1601 Marshall Avenue, Portsmouth, VA. The square footage of any existing structures is not currently available. This is a rare opportunity to acquire a large tract of land in a strategic location within Portsmouth. Serious inquiries only. All information provided is deemed reliable but not guaranteed and should be independently verified. The sale is final "as-is," with no warranties or representations expressed or implied. Potential buyers are responsible for all costs associated with due diligence, inspections, and any necessary permits or approvals.
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Ampro Products Inc. Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.