628 Dunedin Rd - Warehouse FOR SALE


Portsmouth, VA 23701
$555,000 USD
757-237-7500
628 Dunedin Rd, Portsmouth, VA for Sale
$555,000 USD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

628 Dunedin Rd
Portsmouth, VA 23701


HIGHLIGHTS

  • 3,440 SF office/warehouse building with fenced yard
  • Built in 2004 with modern construction and efficient design
  • Zoned NMU, allowing flexible commercial use potential
  • Single-tenant configuration for simplified management
  • Two 12’ x 10’ roll-up doors and 12-foot clear height for operational efficiency
  • Convenient access to major roadways and established commercial corridor

OVERVIEW

628 Dunedin Road offers an opportunity to acquire a fully leased flex warehouse in a well-connected Portsmouth location. This single-tenant property features a functional office/warehouse layout with a fenced yard, providing operational flexibility for a variety of commercial uses. Built in 2004, the building incorporates modern construction standards and includes two 12’ x 10’ roll-up doors, 12-foot clear height, and 39-foot deep bays, ensuring efficient loading and storage capabilities. The property’s NMU zoning allows for adaptable use, supporting long-term value and investment security. Positioned within an established commercial corridor, the site benefits from convenient access to major thoroughfares, including Portsmouth Boulevard and Airline Boulevard, with traffic counts exceeding 20,000 VPD nearby. Surrounding amenities include retail, dining, and service providers, enhancing tenant appeal and operational convenience. With a sale price of $555,000 and a strong tenant in place, this asset presents a compelling investment opportunity for buyers seeking stable income and future adaptability in a growing market.

FOR SALE DETAILS

PRICE

$555,000 USD

PRICE/SF

$161 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

2004

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.45

LAND SF

19,602

ZONING

NMU

APN/PARCEL ID

0444-0011

ASK ABOUT THIS PROPERTY

Christopher ZarpasS.L. Nusbaum Realty Co.More Info
757-237-7500

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Christopher ZarpasS.L. Nusbaum Realty Co.More Info
757-237-7500

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