1902 OmohundroNorfolk, VA 23517

  • Healthcare properties
  • 8,750 SF
Off market
$1,588,400 Estimated

Property Details for 1902 Omohundro

Year built
1997
Lot size
0.63 AC
Property size (Sq ft)
8,750 SF
Zone code
C-2
Property type
Healthcare properties
Property subtype
Medical offices
APN
39017000
APU
39017000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,847,712
    6.5%
    $1,705,580
    7%
    $1,583,753
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,121,166
    Geo Method
    $1,461,338
  • Alternative Use

    Use
    Valuation
    Residential
    $2,114,919
    Hospitality
    $1,937,255
    Educational
    $1,611,773
    Medical
    $1,667,204
    Retail
    $2,507,203
1902 Omohundro, Norfolk, Virginia

Location Insight

City
Norfolk
County
Norfolk City
State
Virginia
Latitude
36.8666
Longitude
-76.2865
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,855
$605,000
$983,400
$1,588,400
-
$605,000
$983,400
$1,588,400

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