5873 Poplar Hall Dr, Norfolk, VA 23502
This 5,100 square foot freestanding building in Norfolk, Virginia, offers a unique opportunity for a single tenant. Located at 5873 Poplar Hall Drive, 23502, this traditional office space features a showroom, office areas, and ample storage. The property is zoned C-2 and boasts a highly convenient location, just minutes from the intersection of Interstates 64 and 264, providing excellent access to major transportation arteries. Its strategic position is further enhanced by its proximity to the Military Circle redevelopment site, promising future growth and increased visibility. The building is ideal for businesses seeking a prominent location with easy access for employees and clients. The lease rate is $14.50 per square foot, NNN. This represents a compelling opportunity to secure a well-situated, functional space in a dynamic area of Norfolk. The property's combination of size, amenities, and location makes it an attractive option for a variety of businesses. Contact us today to schedule a viewing.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 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.