1 Enterprise PkwyHampton, VA 23666

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

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.

• 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

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

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