2850 Cromwell Rd Norfolk, VA 23509
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.