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3002 Arizona Ave
Norfolk, VA 23513
Industrial Property For Sale

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Costar Property Class C
Total Plot Size 0.62 ac
Net Internal Area (NIA) 21,541 sq ft
No. Floors 1
Year Built 1959
Tenancy Single
Eaves Height 15 ft
No. Dock-High Doors/Loading 10
No. Drive In / Grade-Level Doors 10
Use Class I-3

AMENITIES

  • Fenced Lot

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41316601
Land Assessment
£125,473
Improvements Assessment
£347,873
Total Assessment
£473,346
  • Listing ID: 34947044

  • Date on Market: 26/02/2025

  • Last Updated:

  • Address: 3002 Arizona Ave, Norfolk, VA 23513

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