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    7421 Central Business Park Dr Norfolk, VA 23513

    For Lease
    $16 SF/Yr ($4,213 /Mo)

    Flex space in Norfolk with dock and grade loading.

    Property size:
    3,064 SF
    Lot size:
    6.00 Acres

    Property Features for 7421 Central Business Park Dr

    General Information

    Size
    3,064 SF
    Lot size
    6.00 Acres

    Source: Colliers | Norfolk Agent Ricky Anderson

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

    Overview

    Norfolk Flex Space Available

    Taylor Executive Center is a three-building flex property totaling approximately 68,530 square feet. Centrally located in Norfolk in Central Business Park, the building offers flex space with both dock and grade loading. The warehouse area features a 20-foot ceiling height. The second-floor office space is accessible via elevator. Abundant free surface parking is available on-site. The property is located in a designated Hub Zone. It is in close proximity to Norfolk Naval Station, Norfolk International Terminals, and Norfolk International Airport. The property provides immediate access to I-64 via Tidewater Drive. Available space is 3,064 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Erie Home Roofing Contractor ChowCall Delivery Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2485524
    Latitude
    36.9099045

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    FAQs

    What type of property is this?
    Office space - Flex space in Norfolk with dock and grade loading.
    Where is this office space located?
    The property is located at 7421 Central Business Park Dr Norfolk, VA.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Immediate access to I-64 via Tidewater Drive; - Centrally located in Norfolk in Central Business Park; - Abundant free surface parking available on-site
    (757) 490-3300
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    7421 Central Business Park Dr Norfolk, VA 23513
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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
    7421 Central Business Park Dr Norfolk, VA 23513
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