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1021 E Princess Anne Rd 20,526 SF Industrial Building Norfolk, VA 23504 $2,602,449 CAD ($126.79 CAD/SF)
Investment Highlights
- Priced Below Market Value
- Electric Service: 800 Amp 3-Phase
- New HVAC in office area
Executive Summary
Positioned in one of Richmond’s most sought-after industrial corridors, 3425 W Leigh Street offers a rare opportunity to lease or acquire a highly functional flex/industrial property. Situated on a 0.77-acre site, this 20,526 SF building features clear-span warehouse space, modernized office finishes, and excellent loading capabilities—all in the heart of Scott’s Addition, one of the city’s most rapidly evolving districts.
Property Facts
| Price | $2,602,449 CAD | No. Stories | 1 |
| Price Per SF | $126.79 CAD | Year Built | 1958 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.63/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 0.77 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 20,526 SF | Opportunity Zone |
Yes
|
| Zoning | I-1 | ||
| Price | $2,602,449 CAD |
| Price Per SF | $126.79 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.77 AC |
| Rentable Building Area | 20,526 SF |
| No. Stories | 1 |
| Year Built | 1958 |
| Tenancy | Single |
| Parking Ratio | 0.63/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | I-1 |
Amenities
- Mezzanine
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 03028780 | Improvements Assessment | $904,283 CAD |
| Land Assessment | $258,875 CAD | Total Assessment | $1,163,158 CAD |
Property Taxes
Parcel Number
03028780
Land Assessment
$258,875 CAD
Improvements Assessment
$904,283 CAD
Total Assessment
$1,163,158 CAD
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1021 E Princess Anne Rd
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