397 Little Neck RdVirginia Beach, VA 23452

Property Details for 397 Little Neck Rd

Year built

1982

Construction

TYPE NOT SPECIFIED

Lot size

1.53 AC

Property size (Sq ft)

23,306 SF

Zone code

B2

Property type

Office properties

Property subtype

Office buildings

APN

14877556680000

APU

14877556680000

Description

This exceptional office property, the 3300 North Building, located at 397 Little Neck Rd, Virginia Beach, VA 23452, offers a diverse range of executive and medical office spaces for lease. The building comprises 32,636 square feet across multiple suites, categorized as Class B. Currently, there are 14,376 square feet of vacant space available, offering flexibility for businesses of various sizes. Individual suites range from a minimum of 944 square feet to a maximum contiguous space of 6,319 square feet, accommodating a wide spectrum of tenant needs. The building is zoned B2 and features a total of six suites, making it ideal for both single-tenant occupancy or multiple smaller businesses. The property benefits from its strategic location within the 104,000 square foot 397 Office Park, contributing to its ongoing success and appeal. This presents a unique opportunity to secure high-quality office space in a thriving Virginia Beach location. Inquire today to explore the available options and secure your ideal workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $4,921,460

  6.5%

  $4,542,886

  7%

  $4,218,394

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,986,274

  Geo Method

  $3,892,335

• Alternative Use

  Use

  Valuation

  Residential

  $5,633,178

  Hospitality

  $5,159,961

  Educational

  $4,293,027

  Medical

  $4,440,671

  Retail

  $6,678,042

Location Insight

City

Virginia Beach

County

Virginia Beach City

State

Virginia

Latitude

36.8439

Longitude

-76.0919

CBSA code

47260

CBSA name

VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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