839 Poplar Hall DrNorfolk, VA 23502
- Healthcare properties
- 8,620 SF
Property Details for 839 Poplar Hall Dr
- Year built
- 1984
- Lot size
- 1.77 AC
- Property size (Sq ft)
- 8,620 SF
- Zone code
- C-2
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 29764404
- APU
- 29764404
Description
This exceptional single-story office building, located at 839 Poplar Hall Dr in Norfolk, Virginia, presents a unique investment opportunity. The property boasts a substantial 8,620 square feet of vacant space, ideal for a single tenant seeking a prominent presence in a thriving area. Situated on a generous 1.87-acre lot, the building offers ample parking and excellent visibility. Constructed in 1984, the building is classified as Class C and features a single story design. The C2 zoning designation allows for a variety of commercial uses, providing flexibility for future development and expansion. The property's central Norfolk location provides easy access to major transportation routes and a wealth of amenities. This is a rare opportunity to acquire a substantial office building in a highly desirable area with significant potential for growth and return on investment. The property's size and zoning make it suitable for a wide range of businesses, from professional offices to light industrial uses. The ample parking ensures convenient access for employees and clients alike. Don't miss this chance to secure a prime commercial property in Norfolk, Virginia. The property's address is 839 Poplar Hall Dr, Norfolk, VA 23502.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,820,260
- 6.5%
- $1,680,240
- 7%
- $1,560,223
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,104,509
- Geo Method
- $1,439,626
-
Alternative Use
- Use
- Valuation
- Residential
- $2,083,498
- Hospitality
- $1,908,473
- Educational
- $1,587,827
- Medical
- $1,642,435
- Retail
- $2,469,953
Location Insight
- City
- Norfolk
- County
- Norfolk City
- State
- Virginia
- Latitude
- 36.8533
- Longitude
- -76.198
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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