802 Fifth StPortsmouth, VA 23704

  • Industrial properties
  • 19,930 SF
For Lease
$14/SF/YR View listing

Property Details for 802 Fifth St

Year built
2005
Lot size
2.26 AC
Property size (Sq ft)
19,930 SF
Zone code
IL
Property type
Industrial properties
Property subtype
Other warehouses
APN
0041-0030
APU
410030

Description

This exceptional industrial office space, located at 802 5th Street in Portsmouth, Virginia, offers a single, immediately available suite totaling 1,575 square feet. Situated on a generous 2.26-acre lot, the property boasts a total building size of 19,930 square feet, although only this one suite is currently available for lease. The minimum leasable space is 1,575 square feet, with a potential for expansion up to 1,600 square feet. The building is classified as multi-tenant, although only one suite is currently vacant. This presents a unique opportunity for a business seeking a well-located, adaptable space in a thriving industrial area. The property's address is 802 5th Street, Portsmouth, VA 23704. The convenient location offers easy access to major transportation routes, making it an ideal location for businesses needing efficient logistics. The suite's size is perfectly suited for a variety of small to medium-sized businesses. With the potential for a small expansion, this space offers flexibility to accommodate growing needs. This is a rare opportunity to secure a well-maintained industrial office space in a prime Portsmouth location. Don't miss out on this chance to establish your business in a strategic and convenient setting. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,232,434
    Hospitality
    $3,876,886
    Educational
    $3,225,524
    Medical
    $3,336,455
    Retail
    $5,017,482
802 Fifth St, Portsmouth, Virginia

Location Insight

City
Portsmouth
County
Portsmouth City
State
Virginia
Latitude
36.8236
Longitude
-76.3004
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,140
$387,890
$1,418,180
$1,806,070
-
$387,890
$1,418,180
$1,806,070

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