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Property profile & analytics
OFF-MARKET
Manufacturing properties

900 Broad St Portsmouth, VA 23707

60,808 SF 3.42 ac lot Built 1959
Property ID
US87-1239778
Property summary
AI-generated overview

This exceptional industrial property at 900 Broad Street in Portsmouth, Virginia, offers 60,808 square feet of warehouse space, ideal for various industrial uses including warehousing, distribution, and manufacturing. The property features multiple suites available, with a minimum divisible space of 2,328 square feet and a maximum contiguous space of 35,820 square feet, providing flexibility for businesses of different sizes. Situated on a 3.42-acre lot, the building was constructed in 1959 and includes two loading docks for efficient operations. The property is zoned I-L, reflecting its suitability for industrial purposes. Its strategic location offers immediate access to the Port of Virginia and the convenient intersection of Routes 58 and 164, enhancing logistical efficiency. The surrounding area is experiencing significant industrial growth, with recent substantial investments by major players such as Fairlead Integrated Systems (0.5 miles away) and Lineage Logistics (3.5 miles away), further solidifying the area's position as a thriving industrial hub. This presents a compelling opportunity for businesses seeking a well-located, versatile, and adaptable warehouse space in a dynamic market. The property's size and configuration make it suitable for a variety of industrial tenants, from smaller businesses seeking flexible space to larger operations requiring significant square footage.

Property profile
Verified
Property type Manufacturing properties
Year built 1959
Total area 60,808 SF
Lot 3.42 ac (148,975 SF)
UPID US87-1239778
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
  • Virginia Scenic Construction Company
  • Elite Athletic Group Gym & Fitness Center
  • TV SHOP CART Department Store
  • P & P Motors & Transportation LLC Car Dealership
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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