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Property profile & analytics
OFF-MARKET
Warehouses

3290 Airline Blvd Portsmouth, VA 23701

9,608 SF 3.59 ac lot
Property ID
US87-0310844
Property summary
AI-generated overview

This exceptional Portsmouth, VA commercial property, located at 3290 Airline Boulevard, presents a unique investment opportunity. The 9,608 square foot building sits on a 3.59-acre lot and is zoned GMU (General Mixed Use), offering considerable flexibility. The property boasts a 7,108 square foot main building complemented by a 2,500 square foot warehouse. Recent upgrades include a new roof, recently paved parking lot with 46 spaces and new parking lot lights, a new HVAC system, and a new water heater. The warehouse features three 10' (w) x 9' (h) overhead doors, a 16' x 16' motorized overhead door, and a 12' x 12' overhead door, all contributing to efficient loading and unloading. The warehouse also benefits from a 16' to 18' clear ceiling height and a 6" reinforced slab. Additional features include a stand-by generator and 200 amp, 3-phase electrical service. This property is ideal for a variety of commercial uses, offering a blend of office and warehouse space with ample parking and modern amenities. The asking price is $2,200,000. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a prime Portsmouth location.

Property profile
Verified
Property type Warehouses
Total area 9,608 SF
Lot 3.59 ac (156,380 SF)
UPID US87-0310844
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
  • 55 Gallon Drums Portsmouth Big Box & Wholesale Store Factory
  • Jani King International, Inc General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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