1 Enterprise PkwyHampton, VA 23666

  • Office properties
  • 65,149 SF
For Lease
$14.95/SF/YR View listing

Property Details for 1 Enterprise Pkwy

Year built
1987
Construction
TYPE NOT SPECIFIED
Lot size
5.46 AC
Property size (Sq ft)
65,149 SF
Zone code
31 HRC-1 HAMPTON ROADS CE
Property type
Office properties
Property subtype
Other office properties
APN
07V005 00 00000A
APU
07V0050000000A

Description

Oxford Plaza, located at 1 Enterprise Pky, Hampton, VA 23666, presents a unique opportunity for businesses seeking executive-class office space. This three-story, Class A building boasts a total of 63,029 square feet, offering a range of suite sizes to accommodate various needs. The minimum divisible space is 2,174 square feet, while the maximum contiguous space available is 4,994 square feet. Currently, 17,234 square feet are vacant and ready for immediate occupancy. The building features an impressive atrium lobby spanning all three floors, showcasing exquisite granite and wood accents. The first floor is highlighted by eye-catching architectural design and floor-to-ceiling glass windows. Built in 1987 and renovated in 2010, Oxford Plaza provides modern amenities within a sophisticated setting. Ample parking is available, with a ratio of 4.5 spaces per 1,000 square feet. The building is situated in Hampton County, Virginia, offering convenient access to local amenities and transportation. This property is ideal for businesses seeking a prestigious and functional workspace in a prime Hampton location. With multiple suites available, Oxford Plaza offers flexibility to accommodate a variety of business sizes and configurations.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,757,323
    6.5%
    $12,699,067
    7%
    $11,791,991
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,347,754
    Geo Method
    $10,880,534
  • Alternative Use

    Use
    Valuation
    Residential
    $15,746,843
    Hospitality
    $14,424,024
    Educational
    $12,000,618
    Medical
    $12,413,338
    Retail
    $18,667,628
1 Enterprise Pkwy, Hampton, Virginia

Location Insight

City
Hampton
County
Hampton City
State
Virginia
Latitude
37.056
Longitude
-76.4048
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
2023
$69,661
$1,044,200
$3,925,800
$4,970,000
-
$1,044,200
$3,925,800
$4,970,000

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