End Unit Office
800 Seahawk Cir Virginia Beach, VA 23452
For Sale
Contact for pricing
End unit office warehouse with rear overhead door, multiple offices, and two HVAC systems, zoned I-1.
Property Size1,925 SF
Price / SF$148
Days on Market57
Property Features for 800 Seahawk Cir
General Information
Standard status
Active
Size
1,925 SF
Property subtype
INDUSTRIAL
Listing Agency:
The Katsias Company
(757) 448-8120
Listed By:
Brian Baker
(757) 448-8120
Source:
Moodyscre
Added: Jun 3
Changed: Jul 29
Last Checked: Jul 29 at 2:09PM
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 The Katsias Company
Investment Insights
Based on property information with market context.
This end unit office warehouse includes approximately 1,925 SF of flexible workspace with a dedicated office buildout. The layout features three offices, a large reception/office area, and a conference room, along with two bathrooms (one downstairs and one upstairs). The unit is served by two separate HVAC systems with gas heat and includes 3-phase electric power. A rear-facing overhead door supports warehouse access.
The property is zoned I-1. It is part of a condo arrangement with a stated monthly condo fee of $190.00 that covers water, sewage, trash, exterior and common area maintenance, and roof.
Key operational features include the rear overhead door for loading and the dedicated office areas for staff and client meetings, supported by the dual HVAC systems and conference room.
The property is zoned I-1. It is part of a condo arrangement with a stated monthly condo fee of $190.00 that covers water, sewage, trash, exterior and common area maintenance, and roof.
Key operational features include the rear overhead door for loading and the dedicated office areas for staff and client meetings, supported by the dual HVAC systems and conference room.
Key Highlights
- Approximately 1,925 SF end unit office warehouse
- Three offices plus large reception/office area and conference room
- Two bathrooms, one downstairs and one upstairs
Financial Insights For Warehouse
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 | $18.7k | $9.72 |
| − Vacancy | −$692 | −$0.36 |
| EGI | $18.0k | $9.36 |
| − OpEx | −$2.7k | −$1.40 |
| NOI | $15.3k | $7.96 |
1,925 SF · lease $9.72/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Office B
$389.7K
$341.0K – $454.6K
NOI $27,276 @ 7.0% cap · market cap 9.57%
Second Best
Warehouse
$218.8K
$191.5K – $255.3K
NOI $15,316 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$499.0K
$436.6K – $582.1K
NOI $34,927 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- I Can Cook For You, LLC — 800 S Lynnhaven Rd Suite #1, Virginia Beach, VA 23452
- Da Real Chef E — 800 S Lynnhaven Rd Suite #1, Virginia Beach, VA 23452
Frequently Asked Questions
What type of property is this?
Flex space - End unit office warehouse with rear overhead door, multiple offices, and two HVAC systems, zoned I-1.
Where is this flex space located?
The property is located at 800 Seahawk Cir Virginia Beach, VA.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Approximately 1,925 SF end unit office warehouse; Three offices plus large reception/office area and conference room; Two bathrooms, one downstairs and one upstairs
