3214 Victory Blvd Portsmouth, VA 23702-1832
This exceptional 850-square-foot retail space is ideally situated at 3214 Victory Boulevard in Portsmouth, Virginia, within Norfolk County. Currently vacant, this single-tenant property presents a fantastic opportunity for a variety of businesses, particularly those in the hair salon, barber shop, or nail salon industries. The building's total square footage mirrors the vacant space, offering immediate occupancy for a new tenant. The property's location in Portsmouth, VA, zip code 23702, provides excellent visibility and accessibility for customers. Its convenient location within Norfolk County ensures easy access to major transportation routes and a thriving local community. This turnkey retail space is ready for immediate occupation, eliminating the need for extensive renovations or build-outs. The property is perfect for entrepreneurs seeking a well-located, move-in ready space to establish or expand their business. The single-tenant occupancy ensures a streamlined lease agreement and direct control over the property's use. This is a rare opportunity to secure a prime retail location in a desirable area of Portsmouth, Virginia. The property's size is ideal for a variety of retail concepts, offering ample space for both customer service and back-of-house operations. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IL · Portsmouth, VAPortsmouth. Always verify with local authorities before improvements.
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.