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    549 Progress Ln Virginia Beach, VA 23454

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    For Lease
    $2,000 /Mo ($15 SF/Yr)

    Cost-effective office space with ample parking and included utilities.

    Property size:
    1,600 SF
    Lot size:
    31.84 Acres

    Property Features for 549 Progress Ln

    General Information

    Size
    1,600 SF
    Lot size
    31.84 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Martin Murden

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space with Executive Offices

    This office space offers competitive rental rates, making it suitable for small businesses or startups seeking cost-effective options. The layout includes spacious executive-style offices, a kitchenette, a reception area, and two restrooms. Ample parking is available for both tenants and visitors. The lease rate covers all utilities, with the exception of janitorial services. The property provides 1600 square feet of office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Team Discover Courage Association / Organization The David Group, Inc. Consultant

    Suggested Use

    Restaurant Spa & Massage Building Supply Law Firm Dental Office Realty agency Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.0613229
    Latitude
    36.8246853

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    FAQs

    What type of property is this?
    Office space - Cost-effective office space with ample parking and included utilities.
    Where is this office space located?
    The property is located at 549 Progress Ln Virginia Beach, VA.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Spacious executive style offices with reception area.; - Competitive rental rates, ideal for small businesses/startups.; - Ample parking for tenants and visitors.
    (757) 627-8611
    Request Owner's contact information
    549 Progress Ln Virginia Beach, VA 23454
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    Virginia Beach, VA 23454
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    549 Progress Ln Virginia Beach, VA 23454
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