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    2101 Parks Ave Virginia Beach, VA 23451

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    For Lease
    Contact for pricing

    87,000 SF Class A office in the Vibe District.

    Property size:
    1,297 SF
    Lot size:
    3.37 Acres

    Property Features for 2101 Parks Ave

    General Information

    Size
    1,297 SF
    Lot size
    3.37 Acres

    Source: Commonwealth Commercial Agent Gresh Wall

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

    Overview

    Class A Office Building

    This Class A office building offers 87,000± square feet of space and is situated at the base of I-264 in the Vibe District of the oceanfront submarket. The location provides immediate access to I-264 directly from the parking lot. The building features 24-hour key card entry. On-site amenities include business banking, brokerage services, and financial planning. The property boasts a classic design, lobby and exterior art, and a tenant roster. A rooftop deck is available for corporate functions and viewing beach events. The main lobby hosts fine art exhibits and receptions. Free surface parking is available. The minimum lease term is 5 years, with a 3% annual escalation. Tenant improvement allowance is negotiable.
    Location Intelligence

    Current Use by Public Records

    Pierce & Thornton PLC Attorney Stallings, P.C. Attorney Barrett Dale Truitt Attorney Bischoff Martingayle PC Attorney Jonathan L. Thornton Attorney

    Suggested Use

    Law Firm Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -75.9852019
    Latitude
    36.8480575

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    FAQs

    What type of property is this?
    Office building - 87,000 SF Class A office in the Vibe District.
    Where is this office building located?
    The property is located at 2101 Parks Ave Virginia Beach, VA.
    What are key features of this property?
    This property features: - Immediate I-264 access from the parking lot.; - 87,000± SF, Class A office space in the Vibe District.; - **Rooftop deck for corporate functions and beach event viewing.**
    (804) 346-4966
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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
    2101 Parks Ave Virginia Beach, VA 23451
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