3002 Arizona Ave - Warehouse FOR SALE


Norfolk, VA 23513- Estabrook
$1,400,000 USD
757-803-0836
3002 Arizona Ave, Norfolk, VA for Sale
$1,400,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

3002 Arizona Ave
Norfolk, VA 23513
Estabrook


HIGHLIGHTS

  • Ten grade-level roll-up doors and clear heights from 13’ to 20’.
  • Fenced and stabilized yard for secure outdoor storage.
  • Located in Norfolk’s Enterprise Zone with potential incentives.

OVERVIEW

3002 Arizona Avenue presents an exceptional opportunity to acquire a versatile industrial property in Norfolk, Virginia. This ±21,541 SF facility sits on ±0.62 acres and offers a combination of warehouse, fabrication, and office space, making it ideal for a wide range of industrial and service-oriented businesses. The property includes a ±17,366 SF main warehouse, ±2,375 SF fabrication shop, and ±1,800 SF of office space, providing a balanced layout for operational efficiency. Constructed with durable metal framing, the building features clear heights ranging from 13 to 20 feet, ten grade-level roll-up doors, and 3-phase power, ensuring robust functionality for manufacturing, distribution, or specialty trade operations. Additional amenities include a fenced and stabilized yard, offering secure outdoor storage and operational flexibility. Strategically located within Norfolk’s Enterprise Zone, the property qualifies for potential tax and business incentives, enhancing its long-term investment appeal. Its proximity to major transportation routes and the Port of Virginia terminals positions it as a strong choice for businesses seeking regional connectivity and logistical advantages. With a competitive asking price of $1,700,000 and the option for a long-term lease, 3002 Arizona Avenue is a rare opportunity for owner-users or investors looking to secure a well-located industrial asset in a high-demand market.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

10

DRIVE INS

10

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.62

LAND SF

27,007

ZONING

I-3

APN/PARCEL ID

41316601

ASK ABOUT THIS PROPERTY

Douglas KendallColdwell Banker Commercial Brooks Real EstateMore Info
757-803-0836

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Douglas KendallColdwell Banker Commercial Brooks Real EstateMore Info
757-803-0836

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.