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2850 Cromwell Rd Norfolk, VA 23509

OFF-MARKET Commercial real estate Google Maps
0.36 ac lot Built 1953
Entity Owned
Estimated value
No estimation on file for this property yet.
Property ID US87-3411280

Property summary

AI-generated overview

This exceptional industrial warehouse property, located at 2850 Cromwell Road in Norfolk, Virginia, presents a fantastic opportunity for businesses seeking a strategic location and generous space. The property sits on a 0.36-acre lot and offers over 13,000 square feet of combined warehouse and office space, providing a flexible layout to suit diverse operational needs. The warehouse boasts convenient access to major transportation arteries, ensuring efficient logistics and streamlined distribution. Ample on-site parking is available for employees and clients, enhancing convenience and accessibility. To further incentivize a long-term partnership, the landlord is offering a compelling tenant improvement allowance or rent abatement for leases of three years or longer. This is a significant opportunity to customize the space to perfectly match your business requirements and reduce initial occupancy costs. The property's prime location, combined with its substantial size and attractive lease terms, makes it an ideal choice for businesses seeking to establish or expand their operations in the vibrant Norfolk market. Don't miss this chance to secure a high-quality industrial space in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Commercial real estate
Year built 1953
Lot 0.36 ac (15,682 SF)
UPID US87-3411280

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
Last sale
$1.0M
3 recorded transactions
2026
$1.0M
2023
$850,000
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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