3000 Coliseum DrHampton, VA 23666

Property Details for 3000 Coliseum Dr

Year built

2001

Construction

TYPE NOT SPECIFIED

Lot size

0.04 AC

Property size (Sq ft)

1,542 SF

Zone code

14 C-2 LIMITED COMMERCIAL

Property type

Retail properties

Property subtype

Turn key restaurants

APN

07P002 00 00045ALH

APU

07P0020000045ALH

Description

This exceptional Class A medical office building, located at 3000 Coliseum Drive in Hampton, Virginia, offers multiple suites for lease. The building boasts a total of 416,805 square feet, with available spaces ranging from 1,022 to 1,140 contiguous square feet. Currently, 2,162 square feet are vacant and ready for immediate occupancy. The property is situated in Hampton County, VA, zip code 23666, and enjoys a prime location less than two miles from I-64, ensuring convenient access for patients and staff. Ample surface parking is available for the convenience of all. This prestigious building is home to a number of established medical practices, including Sentara Family & Internal Medicine, Sentara Cancer Institute, and Hampton Oral & Facial Surgery, creating a thriving and reputable medical environment. The landlord offers a generous contribution towards tenant improvement costs, making this an attractive opportunity for medical professionals seeking a high-quality, well-located space. Minimum leasable space is 1,022 square feet. The building is fully compliant with all relevant building codes and regulations. This is a rare opportunity to establish or expand your medical practice in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $478,661

  6.5%

  $441,841

  7%

  $410,281

• Comparable approach

  Method

  Valuation

  Relative Method

  $497,905

  Geo Method

  $648,974

• Alternative Use

  Use

  Valuation

  Residential

  $372,709

  Hospitality

  $341,400

  Educational

  $284,040

  Medical

  $293,809

  Retail

  $441,841

Location Insight

City

Hampton

County

Hampton City

State

Virginia

Latitude

37.0569

Longitude

-76.3901

CBSA code

47260

CBSA name

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

Property Tax & Assessments

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