5721 Bayside Rd Virginia Beach, VA 23455
- Industrial properties
- 67,600 SF
- 4.70 lot acres
Current Use by Public Records
- SEKO Logistics Norfolk / Freight Forwarding Service
- Noble Solar, LLC / Solar Energy Company / Solar Energy System Service
- Dominion Interior Supply / Building Materials Supplier
- Seko Worldwide / Freight Forwarding Service
- Bay Office Installations Inc / Furniture Store
Property Details for 5721 Bayside Rd
- Year built
- 1975
- Lot size
- 4.70 lot acres
- Property size
- 67,600 SF
- Zone code
- I1
- Property type
- Industrial properties
- APN
- 14690461430000
- APU
- 14690461430000
Description
This exceptional 12,800-square-foot flex space at 5721 Bayside Road in Virginia Beach, VA, presents a unique leasing opportunity. Situated on a 4.697-acre lot, this property boasts a total building size of 83,200 square feet, with 12,800 square feet currently available for lease. The space comprises approximately 11,300 square feet of warehouse space and 1,500 square feet of office space, ideal for a variety of industrial and flex uses. Built in 1975, the building features high ceilings ranging from 19.5 to 22 feet, providing ample vertical space for storage or specialized equipment. The property includes one loading dock and one dock-high door for efficient loading and unloading. Power is supplied by a 3-phase, 150-amp electric system. The property is zoned I-1 (Light Industrial District) within Virginia Beach County and benefits from its strategic location adjacent to Norfolk International Airport, offering convenient access to I-64, Norfolk International Terminals, and nearby Naval facilities including Naval Operating Base and Little Creek Amphibious Base. This prime location provides excellent accessibility and visibility for businesses seeking a strong logistical advantage. The available space is perfect for companies needing a blend of warehouse and office functionality. Don't miss this chance to secure a well-located, versatile industrial space in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $7,255,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,155,000
- 6.5%
- $6,785,000
- 7%
- $6,235,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,645,000
- Geo Method
- $6,705,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,745,000
- Retail
- $7,145,000
- Mixed-Use
- $5,825,000
- Hospitality
- $7,315,000
- Educational
- $7,490,000
- Residential Income
- $6,510,000
- Energy
- $6,785,000
- Income-Based Land
- $7,625,000
- Food Service
- $6,515,000
Location Insight
- Map
- Local Demand
- City
- Virginia Beach
- County
- Virginia Beach City
- State
- Virginia
- Longitude
- -76.1821
- Latitude
- 36.8964
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
