4675 E Princess Anne Rd
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4675 E Princess Anne Rd
41,835 SF Industrial Building Norfolk, VA 23502 $6,000,000 ($143/SF)
Investment Highlights
- Located within an enterprise zone.
Executive Summary
On approx. 3-acre cornered lot of Princess Anne and Sewells Point, situated in Norfolk Industrial Park, the property offers excellent access to major transportation routes including I-64 and I-264, facilitating efficient distribution and logistics operations.
With approx. 20% of the area is dedicated to office space and the remaining 80% is warehouse space, the facility caters to businesses requiring both administrative and operating areas under one roof.
The upstairs executive office includes a state-of-the-art granite and river rock spa, steam shower, sauna, heated towel warmer, heated floors, heated mirror, oak ceilings, bidet, and a washer and dryer.
With approx. 20% of the area is dedicated to office space and the remaining 80% is warehouse space, the facility caters to businesses requiring both administrative and operating areas under one roof.
The upstairs executive office includes a state-of-the-art granite and river rock spa, steam shower, sauna, heated towel warmer, heated floors, heated mirror, oak ceilings, bidet, and a washer and dryer.
Property Facts
| Price | $6,000,000 | Rentable Building Area | 41,835 SF |
| Price Per SF | $143 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1981 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Distribution | Parking Ratio | 1.41/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 8 |
| Lot Size | 2.96 AC |
| Price | $6,000,000 |
| Price Per SF | $143 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 2.96 AC |
| Rentable Building Area | 41,835 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Tenancy | Single |
| Parking Ratio | 1.41/1,000 SF |
| No. Drive In / Grade-Level Doors | 8 |
Amenities
- Bus Line
- Fenced Lot
- Signage
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DEMOGRAPHICS
Regional Accessibility
CITY
POPULATION
MILES
DRIVE TIME
Washington
702,455
194
3 h 52 m
Philadelphia
1,584,138
265
5 h 54 m
Charlotte
872,498
329
6 h 18 m
New York
8,398,748
351
7 h 36 m
Boston
694,583
559
11 h 52 m
Columbus
892,533
572
10 h 55 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
788,159
Total Labor Force
382,112
Unemployment Rate
3.19%
Median Household Income
$68,816
Warehouse Employees
43,857
High School Education Or Higher
92.20%
PROPERTY TAXES
| Parcel Number | 32600300 | Improvements Assessment | $1,285,700 |
| Land Assessment | $930,700 | Total Assessment | $2,216,400 |
PROPERTY TAXES
Parcel Number
32600300
Land Assessment
$930,700
Improvements Assessment
$1,285,700
Total Assessment
$2,216,400
zoning
| Zoning Code | 46 |
| 46 |
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Presented by
International Flooring Inc
4675 E Princess Anne Rd
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