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1381 Air Rail Ave 40,300 SF Industrial Building Virginia Beach, VA 23455 $5,234,700 CAD ($129.89 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Located in Foreign Trade Zone #20 with I-1 zoning
  • Food-grade compliant with ventilation and wet sprinkler system
  • Minutes from I-64 and four major port terminals
  • Equipped with nine loading doors and a truck scale
  • 800 amp, 3-phase power ideal for manufacturing or processing

EXECUTIVE SUMMARY

Positioned within Virginia Beach’s thriving industrial corridor, 1381 Air Rail Avenue presents a rare opportunity to acquire a highly functional, food-grade warehouse and manufacturing facility. Spanning approximately 40,300 square feet on 2.86 acres, this property is ideally suited for owner-users in logistics, food processing, or light manufacturing.
The building features a flexible layout with 875 square feet of office space and over 39,425 square feet of warehouse, segmented into five distinct bays with clear heights ranging from 12 to 27 feet. The facility is equipped with nine loading doors—six dock-high with levelers and three grade-level—along with a truck scale, ventilation fans, and a partially wet sprinkler system. The electrical system is robust, offering 800 amps at 480/277V, 3-phase power.

PROPERTY FACTS

Price $5,234,700 CAD
Price Per SF $129.89 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Food Processing
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 2.86 AC
Rentable Building Area 40,300 SF
No. Stories 1
Year Built 1974
Tenancy Single
Parking Ratio 0.45/1,000 SF
Clear Ceiling Height 27’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 3
Opportunity Zone Yes
Zoning I1

AMENITIES

  • Fenced Lot
  • Security System
  • Signage
  • Skylights
  • USDA/FDA
  • Monument Signage

UTILITIES

  • Lighting
  • Gas - Propane
  • Water - City
  • Sewer - City
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1459-72-6487
Land Assessment
$901,510 CAD
Improvements Assessment
$1,660,379 CAD
Total Assessment
$2,561,889 CAD
  • Listing ID: 37161658

  • Date on Market: 2025-08-07

  • Last Updated:

  • Address: 1381 Air Rail Ave, Virginia Beach, VA 23455

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