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3290 Airline Blvd 9,608 SF 100% Leased Flex Building Portsmouth, VA 23701 $1,400,000 ($145.71/SF)



INVESTMENT HIGHLIGHTS
- Prime location along Airline Boulevard with strong visibility and 9,895 VPD.
- Zoned GMU, allowing for a variety of commercial uses in a dynamic corridor.
- Flexible layout with office, shop, and warehouse components on 1.93 acres.
- Ample on-site parking with 46 spaces and new lighting for added security
- Recently upgraded systems including new roof, HVAC, and stand-by generator.
- Warehouse features 16’–18’ clear height, reinforced slab, and multiple overhead doors.
EXECUTIVE SUMMARY
This office and warehouse property at 3290 Airline Boulevard in Portsmouth, VA offers a rare opportunity for owner-users or investors seeking a versatile asset in a high-visibility corridor. Situated on 1.93 acres and zoned GMU (General Mixed Use), the property combines a 7,108 SF main building with a 2,500 SF warehouse, providing a functional mix of office and industrial space. The site benefits from recent upgrades including a new roof, HVAC system, water heater, and a stand-by generator, ensuring operational reliability. The main building features a 1,200 SF shop, four 10’ x 9’ overhead doors, and 200-amp, 3-phase electrical service, while the warehouse offers 16’–18’ clear heights, a 6” reinforced slab, and multiple motorized overhead doors for efficient loading and storage.
The property includes a newly paved parking lot with 46 spaces and new lighting, enhancing convenience and security. Located along Airline Boulevard with traffic counts of 9,895 VPD, the site offers excellent exposure and accessibility to major routes including I-264, providing connectivity to the Hampton Roads region. Nearby amenities include shopping centers, Tidewater Community College, and the newly opened Rivers Casino Portsmouth, adding to the area’s economic vibrancy. With an asking price of $1,400,000, this property presents a strategic investment in a growing market.
The property includes a newly paved parking lot with 46 spaces and new lighting, enhancing convenience and security. Located along Airline Boulevard with traffic counts of 9,895 VPD, the site offers excellent exposure and accessibility to major routes including I-264, providing connectivity to the Hampton Roads region. Nearby amenities include shopping centers, Tidewater Community College, and the newly opened Rivers Casino Portsmouth, adding to the area’s economic vibrancy. With an asking price of $1,400,000, this property presents a strategic investment in a growing market.
PROPERTY FACTS Under Contract
| Price | $1,400,000 | No. Stories | 1 |
| Price Per SF | $145.71 | Year Built | 1984 |
| Sale Type | Investment or Owner User | Parking Ratio | 3.33/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 6 |
| Lot Size | 1.93 AC | Cross Streets | Lancer Dr |
| Rentable Building Area | 9,608 SF | ||
| Zoning | C-2 | ||
| Price | $1,400,000 |
| Price Per SF | $145.71 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.93 AC |
| Rentable Building Area | 9,608 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Parking Ratio | 3.33/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 6 |
| Cross Streets | Lancer Dr |
| Zoning | C-2 |
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PROPERTY TAXES
| Parcel Number | 0583-0040 | Improvements Assessment | $556,540 |
| Land Assessment | $657,350 | Total Assessment | $1,213,890 |
PROPERTY TAXES
Parcel Number
0583-0040
Land Assessment
$657,350
Improvements Assessment
$556,540
Total Assessment
$1,213,890
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3290 Airline Blvd
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