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628 Dunedin Rd 3,440 SF Industrial Building Portsmouth, VA 23701 $773,026 CAD ($224.72 CAD/SF)
Investment Highlights
- 3,440 SF office/warehouse building with fenced yard
- Zoned NMU, allowing flexible commercial use potential
- Two 12’ x 10’ roll-up doors and 12-foot clear height for operational efficiency
- Built in 2004 with modern construction and efficient design
- Single-tenant configuration for simplified management
- Convenient access to major roadways and established commercial corridor
Executive Summary
628 Dunedin Road offers an opportunity to acquire a fully leased flex warehouse in a well-connected Portsmouth location. This single-tenant property features a functional office/warehouse layout with a fenced yard, providing operational flexibility for a variety of commercial uses. Built in 2004, the building incorporates modern construction standards and includes two 12’ x 10’ roll-up doors, 12-foot clear height, and 39-foot deep bays, ensuring efficient loading and storage capabilities.
The property’s NMU zoning allows for adaptable use, supporting long-term value and investment security. Positioned within an established commercial corridor, the site benefits from convenient access to major thoroughfares, including Portsmouth Boulevard and Airline Boulevard, with traffic counts exceeding 20,000 VPD nearby. Surrounding amenities include retail, dining, and service providers, enhancing tenant appeal and operational convenience.
With a sale price of $555,000 and a strong tenant in place, this asset presents a compelling investment opportunity for buyers seeking stable income and future adaptability in a growing market.
The property’s NMU zoning allows for adaptable use, supporting long-term value and investment security. Positioned within an established commercial corridor, the site benefits from convenient access to major thoroughfares, including Portsmouth Boulevard and Airline Boulevard, with traffic counts exceeding 20,000 VPD nearby. Surrounding amenities include retail, dining, and service providers, enhancing tenant appeal and operational convenience.
With a sale price of $555,000 and a strong tenant in place, this asset presents a compelling investment opportunity for buyers seeking stable income and future adaptability in a growing market.
Property Facts
| Price | $773,026 CAD | Rentable Building Area | 3,440 SF |
| Price Per SF | $224.72 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2004 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.74/1,000 SF |
| Building Class | C | Clear Ceiling Height | 12’ |
| Lot Size | 0.45 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | NMU | ||
| Price | $773,026 CAD |
| Price Per SF | $224.72 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.45 AC |
| Rentable Building Area | 3,440 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Tenancy | Single |
| Parking Ratio | 1.74/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | NMU |
Amenities
- Fenced Lot
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0444-0011 | Improvements Assessment | $471,488 CAD |
| Land Assessment | $136,067 CAD | Total Assessment | $607,555 CAD |
Property Taxes
Parcel Number
0444-0011
Land Assessment
$136,067 CAD
Improvements Assessment
$471,488 CAD
Total Assessment
$607,555 CAD
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628 Dunedin Rd
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