21 Enterprise PkwyHampton, VA 23666

Property Details for 21 Enterprise Pkwy

Year built

1999

Construction

TYPE NOT SPECIFIED

Lot size

9.10 AC

Property size (Sq ft)

82,822 SF

Zone code

31 HRC-1 HAMPTON ROADS CE

Property type

Office properties

Property subtype

Other office properties

APN

07V003 00 00000

APU

07V0030000000

Description

Lakefront Plaza offers 53,510 square feet of vacant Class A office space in a prestigious Hampton, VA location. This four-story, 75,915 square foot building, constructed in 1999, boasts a modern brick and glass design within a beautifully landscaped office park. Suites range from 616 to 13,964 contiguous square feet, with a total of nine available suites. The building features a striking two-story atrium with marble and tile, controlled access, and is Energy Star certified (2015). Its strategic location provides immediate access to Interstate 64, ensuring excellent visibility and convenient commuting. Building signage is available for full-floor tenants. High-speed fiber circuits are installed throughout the building. The property benefits from its proximity to Peninsula Town Center (two miles south), offering a wide array of restaurants, hotels, and retail options. Additional nearby amenities include Newport News/Williamsburg International Airport, Langley Air Force Base, and NASA. This exceptional property presents a unique opportunity for businesses seeking a high-quality, conveniently located office space in Hampton city. The minimum divisible space is 616 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $17,489,278

  6.5%

  $16,143,949

  7%

  $14,990,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,612,254

  Geo Method

  $13,832,102

• Alternative Use

  Use

  Valuation

  Residential

  $20,018,496

  Hospitality

  $18,336,836

  Educational

  $15,256,032

  Medical

  $15,780,710

  Retail

  $23,731,606

Location Insight

City

Hampton

County

Hampton City

State

Virginia

Latitude

37.0542

Longitude

-76.4081

CBSA code

47260

CBSA name

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

Property Tax & Assessments

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