71 days on market
$1,100,000
2498 Airline Blvd
Portsmouth, Virginia 23701
MLS# 10621480 · ALL OTHERS AREA 21 · Portsmouth VA
Updated Mar 8, 2026 · Source: REIN MLS
Est. payment
$6,397/mo
Edit below
Price / sq ft
$602
1,827 sq ft
Days on market
71
HOA
None
Year built
1950
76 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
1,827
Garage
No
About this home
Don't miss this exceptional income-producing commercial property located just minutes from the iconic Rivers Casino Portsmouth. Positioned at one of the busiest intersections in Portsmouth, this high-visibility asset offers strong traffic exposure and reliable, long-term cash flow. Extensively updated in 2024, improvements include two new HVAC systems, new plumbing, fresh interior and exterior paint, and updated elec…
Listed by Alesia Trent · BHHS RW Towne Realty
VaHome Team property overview
A 1,827-square-foot commercial/industrial property on a generous half-acre lot in Portsmouth, Virginia, built in 1950 and sitting just seven minutes from both Norfolk Naval Shipyard and Naval Medical Center Portsmouth — a rare find in a high-traffic, well-connected corridor.
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Why this home stands out
What sets 2498 Airline Blvd apart is the combination of scale and location that's genuinely hard to replicate in this part of Hampton Roads. A 0.52-acre lot with over 1,800 square feet of commercial/industrial space, positioned on a major arterial road with immediate access to two of the region's largest military and federal employment hubs — that's a footprint that opens serious doors for a wide range of uses.
ALL OTHERS AREA 21 and the Portsmouth real estate market
Portsmouth is one of Hampton Roads' most historically rooted cities, and the ALL OTHERS AREA 21 corridor along Airline Boulevard reflects that working-class, get-things-done character. This stretch of Portsmouth sits in the southwestern quadrant of the city, where commercial strips, established residential blocks, and light industrial uses have coexisted for decades. If you're exploring houses for sale in portsmouth va or commercial opportunities in the area, this part of the city consistently draws attention for its accessibility — Airline Boulevard is a primary east-west artery connecting central Portsmouth to the broader regional highway network. The surrounding blocks are active and functional, with a mix of small businesses, service providers, and community-oriented storefronts. Portsmouth as a whole is undergoing steady reinvestment, and properties along high-visibility corridors like this one tend to benefit from that momentum. The city's waterfront, downtown core, and major employment centers are all within a short drive, making this location genuinely central to the Portsmouth experience.
What's nearby
Day-to-day errands are well covered from this address. Farm Fresh International is just 0.3 miles away for grocery runs, with Dollar General another option at 0.8 miles. For a quick bite, Crystal's Corner Cafe, Ellen's Homestyle & BBQ Express, and Chef Skip 757 are all essentially at your doorstep. Tropical Smoothie Cafe, Wawa, and Krispy Kreme are all within 0.4 miles when you need a coffee or a fast stop. Crunch Fitness Portsmouth is 0.2 miles away for a workout, and Zenya Yoga Studio offers a calmer option at about a mile out. Woodland Park and Maplewood Park are both under a mile for outdoor time.
For different buyers
For military families relocating
Norfolk Naval Shipyard and Naval Medical Center Portsmouth are each about seven minutes away — making this address one of the shortest commutes you'll find in the region for personnel assigned to either installation. Whether you're using a VA loan or weighing BAH against your housing costs, the proximity here is a real, measurable advantage that compounds over a tour of duty.
For buyers drawn to character
There's something honest about a 1950s commercial building on a half-acre lot that's been part of a working Portsmouth neighborhood for over seventy years. If you're drawn to properties with genuine history and the kind of bones that don't get built anymore — solid, straightforward, and rooted in place — 2498 Airline Blvd has that quality in abundance. Homes for sale in portsmouth va with this kind of lot size and vintage character are increasingly rare.
Frequently asked questions
How far is 2498 Airline Blvd from Norfolk Naval Shipyard?
Norfolk Naval Shipyard is approximately seven minutes away by car, making this one of the closest commercial addresses to the shipyard in the Portsmouth area.
How far is 2498 Airline Blvd from Naval Medical Center Portsmouth?
Naval Medical Center Portsmouth is also about seven minutes away, placing this property within an exceptionally short commute of both major military installations in the city.
What is the lot size at 2498 Airline Blvd?
The property sits on 0.52 acres — just over a half acre — which is a notably generous footprint for a commercial/industrial parcel on a high-traffic arterial road in Portsmouth.
Is 2498 Airline Blvd in a flood zone?
Flood zone information for this address is available in the FloodRisk tile on this page, which pulls current FEMA map data for the parcel.
What type of property is 2498 Airline Blvd?
It is a commercial/industrial property built in 1950, offering 1,827 square feet of space on a half-acre lot along Airline Boulevard in Portsmouth, Virginia.
Curious about what 2498 Airline Blvd could work for? Tom and Dariya Milan at LPT Realty know this Portsmouth corridor well — reach out and let's talk through the possibilities.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Location & Street View
2498 Airline BLVD, Portsmouth
Map and Street View imagery © Google. Imagery may not be current.
Map data ©Google. Click and drag inside the map to explore the surrounding area.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
1,827
Stories
1
Fireplaces
0
Flooring
Concrete, Other
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$1,100,000
Price / Sq Ft
$602
Annual Taxes
$4,423
Monthly Tax
$369
HOA
None
Tax Rate (effective)
0.40%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Feb 27, 2026 | $1,100,000 | — |
| Currently listed | — | $1,100,000 | — |
Public-Records Assessment
Source: Portsmouth via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$356,730
Land
$303,600
Improvement
$53,130
Parcel ID: 03430070 · View on city GIS portal
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Portsmouth
Portsmouth combines historic naval heritage with affordable, character-rich neighborhoods. Olde Towne Portsmouth offers tree-lined streets of restored 18th- and 19th-century homes with sweeping Elizabeth River views — one of the largest collections of pre-Revolutionary architecture in the country. Churchland, Cradock, and West Park View provide established family neighborhoods at price points well below comparable Norfolk or Virginia Beach properties. The city is home to Norfolk Naval Shipyard, one of the Navy's oldest and largest, ensuring consistent demand from civilian shipyard workers and active-duty Navy personnel.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$6,397/moPrincipal & interest
$5,708
Property tax
$369
Home insurance
$321
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by BHHS RW Towne Realty · MLS# 10621480
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$1,100,000
2498 Airline BLVD, PORTSMOUTH VA 23701
Portsmouth, Virginia 23701
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