901 Hampton BlvdNorfolk, VA 23507

Property Details for 901 Hampton Blvd

Year built

1969

Lot size

0.50 AC

Property size (Sq ft)

16,533 SF

Zone code

C-2

Property type

Healthcare properties

Property subtype

Medical offices

APN

63000

APU

63000

Description

This exceptional three-story medical office building, located at 901 Hampton Blvd in Norfolk, Virginia, 23507, offers a fantastic leasing opportunity. The building totals 16,533 square feet and currently has 3,671 square feet of immediately available space. This contiguous space presents a unique chance for expansion or relocation for medical practices seeking a prominent location. The building features convenient on-site surface parking, ensuring ample space for patients and staff. The property's classification as a medical office building signifies its suitability for a variety of healthcare-related businesses. The multiple tenancy structure indicates a vibrant and established community of medical professionals. The address, 901 Hampton Blvd, places the building in a highly accessible area of Norfolk, providing excellent visibility and convenient access for patients. The available space is ideal for a practice requiring a significant footprint, offering the potential for customization and growth. With its strategic location and ample parking, this property represents a compelling investment for any medical practice seeking to establish or expand its presence in the Norfolk market. The building's three stories provide a substantial amount of space, allowing for a variety of configurations to suit specific needs. Interested parties are encouraged to inquire about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,491,225

  6.5%

  $3,222,669

  7%

  $2,992,478

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,118,428

  Geo Method

  $2,761,176

• Alternative Use

  Use

  Valuation

  Residential

  $3,996,110

  Hospitality

  $3,660,415

  Educational

  $3,045,422

  Medical

  $3,150,159

  Retail

  $4,737,324

Location Insight

City

Norfolk

County

Norfolk City

State

Virginia

Latitude

36.8648

Longitude

-76.3024

CBSA code

47260

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].