1021 Princess Anne Road presents an owner-user or investment opportunity in Norfolk's established industrial market. The property consists of a 20,526-square-foot warehouse situated on approximately 0.77 acres and is zoned I-1, supporting a variety of industrial and warehouse uses. Functional building features include 16-foot clear ceiling heights, 800-amp three-phase electrical service, two van-height loading doors, one drive-in door, and approximately 2,220 square feet of office space enhanced by recently installed HVAC.
The property's location provides access to the Hampton Roads transportation network and maritime infrastructure. The site is positioned approximately 2.7 miles from I-264, offering connectivity throughout the region. Major port facilities serving international and domestic cargo operations are nearby, including Norfolk International Terminal, Portsmouth Marine Terminal, Virginia International Gateway, and Newport News Marine Terminal. This access supports warehousing, distribution, manufacturing, and logistics-related operations.
The property is located within an Enterprise Zone, Hub Zone, and Opportunity Zone, creating potential advantages for qualifying businesses and investors. Combined with its industrial zoning, loading capabilities, power infrastructure, and proximity to regional transportation assets, the asset offers flexibility for a range of operational requirements. The recent price adjustment further enhances its positioning within the Norfolk industrial market.