This exceptional 10,800-square-foot flex space in Norfolk, Virginia, presents a unique investment opportunity. The property, located at 2716 Nevada Ave, zip code 23513, is a two-story Class C industrial building constructed in 1973. The single-tenant building offers 3,600 square feet on the ground floor and an additional 1,890 square feet on the second floor, providing ample space for various business needs. The building features convenient access with two 14-foot front doors and a 14-foot…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$5k

Tax billed · 2024

Assessed value$362k

Assessed land$60k

Assessed improvement$303k

Effective rate1.25%

Value estimate

· Nov 2026

$605k

$545k – $666k

AI approach$645k

Submarket $/SF estimate$665k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?

$109/SF

Submarket average, outlier-cleaned · 61 recorded sales of this use type

Observed band · Q1–Q3$79 – $168

Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

I-2

JurisdictionNORFOLK CITY

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency56.3

Dental Office40.9

Law Firm39.9

2712 Nevada Ave Norfolk, VA 23513-4413

County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby

Address Sale price Sold Size

2412 Florida, Norfolk, VA 23513-4520 $387,000 Mar 2024 4,322 SF

2708 Wyoming, Norfolk, VA 23513-4440 $375,000 Oct 2023 4,691 SF

2638 Florida, Norfolk, VA 23513-4407 $310,000 May 2023 4,142 SF

2640 Arkansas, Norfolk, VA 23513-4402 $325,000 Jul 2021 6,997 SF

2610 Arkansas, Norfolk, VA 23513-4402 $125,000 Jun 2020 7,650 SF

3334 Tait, Norfolk, VA 23513-4453 $215,000 Nov 2019 5,354 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$485,000

6,354 SF

2522 Alabama Ave

WAREHOUSE, STORAGE

2522 Alabama Ave, Norfolk, VA 23513-4504

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Value Estimation
$510,000

6,140 SF

2613 Nevada Ave

MANUFACTURING (LIGHT)

2613 Nevada Ave, Norfolk, VA 23513-4410

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Value Estimation
$470,000

5,872 SF

2700 Wyoming Ave

WAREHOUSE, STORAGE

2700 Wyoming Ave, Norfolk, VA 23513-4440

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Value Estimation
$470,000

5,842 SF

2514 Alabama Ave

WAREHOUSE, STORAGE

2514 Alabama Ave, Norfolk, VA 23513-4504

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Value Estimation
$430,000

5,635 SF

2608 Wyoming Ave

WAREHOUSE, STORAGE

2608 Wyoming Ave, Norfolk, VA 23513-4438

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Value Estimation
$680,000

8,416 SF

2507 Florida Ave

WAREHOUSE, STORAGE

2507 Florida Ave, Norfolk, VA 23513

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