1830 Church St Norfolk, VA 23504
This exceptional 25,229-square-foot warehouse, situated on one acre in Norfolk's vibrant Park Place District, presents a unique investment opportunity. Built in 1885, this historic property boasts impressive features including 18 and 23-foot clear heights, providing ample vertical space for various uses. Seven roll-up doors ensure efficient loading and unloading, complemented by both dock and grade-level access. The property benefits from robust 3-phase, 480V & 220V electrical service, catering to diverse operational needs. Its strategic location offers unparalleled access to major transportation arteries, placing it in close proximity to all local ports and Naval Station Norfolk, as well as other local military bases. The property's designation within both an Enterprise Zone and an Opportunity Zone presents significant tax advantages for potential investors. Currently vacant, this single-tenant or multi-tenant adaptable space is ready for immediate occupancy and poised to capitalize on the area's continued growth and development. The property's historical character combined with its modern functionality makes it an ideal choice for a wide range of industrial and commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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