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Property profile & analytics
OFF-MARKET Estimated value $300,000
Warehouses

2610 Church St Norfolk, VA 23504-1612

7,602 SF 0.33 ac lot Built 1946
Entity Owned 13-yr Hold Free & Clear
Property ID
US87-3347769
Property summary
AI-generated overview

This exceptional 7,600 square foot, two-story building presents a unique investment opportunity in Norfolk, VA. Located at the intersection of Church Street and 27th Street, this property boasts a prime location zoned C-C, ideal for a variety of retail uses, particularly auto repair. Currently vacant, the building offers immediate occupancy and significant potential. Originally constructed in 1946, the structure sits on a 0.934-acre lot and includes a substantial fenced yard of approximately 17,000 square feet, providing ample space for expansion or outdoor storage. The property features 43 parking spaces, ensuring convenient access for customers and employees. The building is currently 7,600 square feet but has expansion potential to 9,200 square feet, offering flexibility for future growth. This single-tenant building presents a rare chance to acquire a well-situated property in a thriving Norfolk city location. The property's size, ample parking, and expansive yard make it an attractive option for a variety of businesses. Its strategic location and zoning make it a highly desirable commercial asset. Don't miss this chance to own a piece of Norfolk's commercial landscape.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1946
Total area 7,602 SF
Lot 0.33 ac (14,362 SF)
Zoning code C-2
APN 2676800
UPID US87-3347769
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
  • Meineke Car Care Center Auto Repair Shop
  • Network Industries Ltd Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$601k
Blend (final) Blend
$300k
Owner & transaction history
2610 Church Street LLC · 13 yrs held
2610 Church Street LLC
since 2012
1 recorded transaction
2012
$350,000
Zoning & alternative use
C-2 · Norfolk, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Adopted Zoning Ordinance
Top alternative use upside
Commercial (general) $880,000 +6.5%
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