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907 Colley Ave Norfolk, VA 23507

OFF-MARKET Retail properties & Spaces Google Maps
Estimated value
No estimation on file for this property yet.
Property ID US87-3409938

Property summary

AI-generated overview

This exceptional 1,500 square foot retail space is ideally situated on Colley Avenue in Norfolk, Virginia, zip code 23507. The property boasts a single-tenant occupancy and offers unparalleled visibility for any business seeking a high-traffic location. Its street-level access ensures easy customer entry and ample opportunity for signage and branding. The space is currently vacant, providing a blank canvas for a prospective tenant to customize to their specific needs. The address is 907 Colley Ave, placing it within a vibrant and established commercial district of Norfolk. This location offers significant foot traffic and excellent exposure to a diverse customer base. The property's size is perfectly suited for a variety of retail uses, from boutiques and cafes to specialty shops and service businesses. With its prime location and ample square footage, this retail space presents a unique opportunity for businesses seeking to establish or expand their presence in a thriving Norfolk market. The property is ready for immediate occupancy, allowing for a swift and efficient transition for new tenants. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The latitude and longitude coordinates are 36.8640987, -76.3004603 respectively.

Property profile

Verified
Property type Retail properties & Spaces
UPID US87-3409938

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Home Decor Store (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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