Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5900 E Virginia Beach Blvd Norfolk, VA 23502
    Back to Search
    Property profile & analytics

    5900 E Virginia Beach Blvd, Norfolk, VA 23502

    View on Map

    • Office buildings
    • 48,246 SF
    • 0.29 lot acres
    J.A.N.A.F. Shopping Yard Retail Space For Lease
    $4,865,000

    J.A.N.A.F. Shopping Yard Retail Space

    Retail spaces in a shopping center with diverse tenants.

    5900 E Virginia Beach Blvd, Norfolk, VA 23502
    View Listing
    Property ID
    US87-3349309
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • UNO Pizzeria & Grill / Restaurant
    • Alliance Physical Therapy / Medical Clinic
    • Mirman Law Firm, P.L.L.C., Steven A. Mirman, Attorney / Law Firm
    • janaf / Corporate Office / Coworking & Hybrid Office
    • Riley Counseling and Consulting, PLC / Counselor / Social Worker

    Property Details for 5900 E Virginia Beach Blvd

    Year built
    1967
    Lot size
    0.29 lot acres
    Zone code
    C-3
    Property type
    Office buildings
    APN
    44729707
    APU
    44729707

    Description

    Janaf Shopping Yard presents a prime retail investment opportunity in Norfolk County. This expansive center, boasting a total of 891,281 square feet, offers 13 available spaces ranging from 855 to 8,946 square feet, perfect for a variety of uses including retail, restaurants, salons, dental practices, physical therapy, beauty services, financial institutions, and communications businesses. The property sits on 92 acres of land and provides ample parking with 4170 spaces. Its strategic location at the intersection of Virginia Beach Boulevard and Military Highway ensures high visibility and accessibility, further enhanced by its proximity to I-64 and I-264 interstates. Currently, the center has 33,328 square feet of vacant space. Janaf Shopping Yard is a well-established center attracting a diverse clientele, evidenced by an impressive average of 4.72 visits per person. This high-traffic location, coupled with the available space, presents a unique opportunity for businesses seeking strong visibility and a loyal customer base. The property's size and established tenant mix make it an attractive investment for both established businesses and new ventures. The substantial parking capacity ensures convenient access for customers and employees. This is a rare opportunity to secure space in one of the largest centers in its portfolio.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,682,000
      Market price range: $5.68M - $13.2M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $7,945,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.2048
    Latitude
    36.8605
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $30,748
    $140,200
    $2,319,600
    $2,459,800
    -
    $140,200
    $2,319,600
    $2,459,800
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message