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3002 Arizona Ave
Norfolk, VA 23513
Industrial Property For Sale


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.
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 | No. Floors | 1 |
| Property Type | Industrial | Year Built | 1959 |
| Property Subtype | Warehouse | Tenancy | Single |
| Costar Property Class | C | Eaves Height | 15 ft |
| Total Plot Size | 0.62 ac | No. Dock-High Doors/Loading | 10 |
| Net Internal Area (NIA) | 21,541 sq ft | No. Drive In / Grade-Level Doors | 10 |
| Use Class | I-3 | ||
| 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
| Parcel Number | 41316601 | Improvements Assessment | £347,873 |
| Land Assessment | £125,473 | Total Assessment | £473,346 |
PROPERTY TAXES
Parcel Number
41316601
Land Assessment
£125,473
Improvements Assessment
£347,873
Total Assessment
£473,346
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