Custom-Built Medical Office
6044 Providence Road Virginia Beach, VA 23464
COMMERCIAL - Virginia Beach, VA
Property size:
5,500 SFLot size:
0.57 AcresPrice / SF:
$263/SF- Added:
- Jun 6, 2025
- Days on Market:
- 400
- Last Refresh:
- Jul 10 at 6:06 pm
Property Features for 6044 Providence Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B2
- Standard status
- Active
- Size
- 5,500 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12000
Utilities
- Heating system
- Electric (Heating), Zoned
- Cooling system
- Zoned, Central Air
Building Details
- Year built
- 2009
- Roof type
- Metal
Listing agent Sherry Loutzenheiser (757) 410-8500
Listing office The Real Estate Group 1112F Eden Way N, Chesapeake, VA (757) 410-8500
Listing date Jun 6, 2025
MLS# 10587269
Listing URL
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Investment Insights
Based on property information with market context.
Completed in 2009, this custom-built office building is being offered for sale and will be vacated upon settlement. The building includes a main-level dental lab, with stairs and an elevator providing access between floors. A communal entry foyer welcomes visitors, and handicap restroom facilities are available on each level. The second level also features a full private bath with a shower. The downstairs includes a fully equipped kitchen suitable for staff breaks or meetings.
The property is located at 6044 Providence Road in Virginia Beach, VA, and is zoned B2. Approximately 25 parking spots are available, and the exterior includes a dedicated EV plug.
With its multi-floor layout, multiple restroom amenities, and elevator access, the building is designed to support day-to-day operations for professional office use.
The property is located at 6044 Providence Road in Virginia Beach, VA, and is zoned B2. Approximately 25 parking spots are available, and the exterior includes a dedicated EV plug.
With its multi-floor layout, multiple restroom amenities, and elevator access, the building is designed to support day-to-day operations for professional office use.
Key Highlights
- Custom‑built office building completed in 2009 with metal roof
- Zoned heating and cooling, including central air
- Multiple businesses previously used the space; main level includes a dental lab
Local 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 | $145.2k | $26.40 |
| − Vacancy | −$29.8k | −$5.41 |
| EGI | $115.4k | $20.99 |
| − OpEx | −$28.9k | −$5.25 |
| NOI | $86.6k | $15.74 |
5,500 SF · lease $26.40/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.24M
$1.08M – $1.44M
NOI $86,576 @ 7.0% cap · market cap 5.97%
Second Best
Healthcare Medical
$1.04M
$905.9K – $1.21M
NOI $72,468 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,490 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Artistic Dental Lab ...
Dental Office
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Custom-built office building completed in 2009, with elevator service and handicap restrooms on each floor.
Where is this office building located?
The property is located at 6044 Providence Road Virginia Beach, VA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Custom‑built office building completed in 2009 with metal roof; Zoned heating and cooling, including central air; Multiple businesses previously used the space; main level includes a dental lab
