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    123 S Lynnhaven Rd Virginia Beach, VA 23452

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    For Lease
    Contact for pricing

    Two-story office building with ongoing renovations and elevator addition.

    Property size:
    2,049 SF
    Lot size:
    0.60 Acres

    Property Features for 123 S Lynnhaven Rd

    General Information

    Size
    2,049 SF
    Lot size
    0.60 Acres

    Source: Colliers | Norfolk Agent Ricky Anderson

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

    Overview

    Office Building with Renovations Underway

    This is a two-story office building offering approximately 9,548 square feet of space. Currently, Suite 202 is available, offering approximately 2,049 square feet. The building is owner-occupied and undergoing exterior and interior renovations, including the addition of an elevator. Monument and building signage options are available. The property is centrally located at the intersection of I-264 and Lynnhaven Parkway.
    Insight Report Location Intelligence

    Current Use by Public Records

    Judy Marsh, Rose ... Real Estate Agency Bill Weakley Loan ... Mortgage Lender Mandy Farmer Realtor- ... Real Estate Agent Leslie Elle Rhue, ... Real Estate Agent Tim Cochran - Waterfront ... Real Estate Agent

    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
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.0674932
    Latitude
    36.8378557

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    FAQs

    What type of property is this?
    Office building - Two-story office building with ongoing renovations and elevator addition.
    Where is this office building located?
    The property is located at 123 S Lynnhaven Rd Virginia Beach, VA.
    What are key features of this property?
    This property features: - Centrally located at the intersection of I-264 and Lynnhaven Parkway; - Owner occupied building with exterior and interior renovations underway and elevator being added; - ±9,548 RSF office building
    (757) 490-3300
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    123 S Lynnhaven Rd Virginia Beach, VA 23452
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    Virginia Beach, VA 23452
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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
    123 S Lynnhaven Rd Virginia Beach, VA 23452
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