Third-Floor Office Condo
5267 Greenwich Rd Virginia Beach, VA 23462
For Sale
Contact for pricing
Third-floor Suite 301 office condo offering approximately 2,200 square feet.
Property Size2,200 SF
Price / SF$180
Days on Market105
Property Features for 5267 Greenwich Rd
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- OFFICE
Properties For Sale
at 5267 Greenwich Rd Contact us
Listing Agency:
Colliers | Norfolk
(757) 217-1892
Listed By:
Ricky Anderson · License #0225181900
Source:
Moodyscre
Added: Apr 10
Changed: Jul 22
Last Checked: Jul 22 at 1:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Norfolk
Investment Insights
Based on property information with market context.
±2,200 square foot office condo for sale or lease, located on the third floor as Suite 301. The offering is configured as an individual office unit within a larger office property.
The property is addressed at 5267 Greenwich Rd in Virginia Beach, VA 23462.
This suite is presented as a standalone office space within the building’s third-floor level, suitable for office operations requiring a dedicated condo arrangement.
The property is addressed at 5267 Greenwich Rd in Virginia Beach, VA 23462.
This suite is presented as a standalone office space within the building’s third-floor level, suitable for office operations requiring a dedicated condo arrangement.
Key Highlights
- ±2,200 SF office condo for sale or lease
- Third‑floor suite 301
- Approximately 2,200 square feet in Suite 301
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.6k | $19.80 |
| − Vacancy | −$6.3k | −$2.87 |
| EGI | $37.2k | $16.93 |
| − OpEx | −$9.3k | −$4.23 |
| NOI | $27.9k | $12.70 |
2,200 SF · lease $19.80/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$399.0K
$349.2K – $465.6K
NOI $27,933 @ 7.0% cap · market cap 7.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$467.2K
$408.8K – $545.1K
NOI $32,706 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mithra Jigme Green
Alternative Medicine Practice
Atlantic Coast Chiropractic
Alternative Medicine Practice
Savage-Baker Inc
Insurance Agency
Seven Cities Midwifery ...
Midwife
Lake View Psychotherapy
Medical Clinic
FAQs
What type of property is this?
Office units - Third-floor Suite 301 office condo offering approximately 2,200 square feet.
Where is this office units located?
The property is located at 5267 Greenwich Rd Virginia Beach, VA.
What is the asking price?
The asking price for this property is $396,000.
What are key features of this property?
This property features: ±2,200 SF office condo for sale or lease; Third‑floor suite 301; Approximately 2,200 square feet in Suite 301
