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    5250 Challedon Dr Virginia Beach, VA 23462

    For Lease
    Contact for pricing

    Virginia Beach Office Building, 15,500 SF Available

    Lot size:
    15,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This well-maintained, Class C office building at 5250 Challedon Drive in Virginia Beach, VA, offers a fantastic opportunity for businesses seeking flexible space. Built in 1975 and extensively renovated in 2018, the property boasts a total of 15,600 square feet, with only 100 square feet currently vacant. The building is zoned B-2, allowing for a variety of commercial uses. The property features a traditional office layout, suitable for single or multiple tenants, providing ample space for growth. With 33 parking spaces available, ample parking is ensured for employees and clients. Located in Virginia Beach City, the building benefits from convenient access to local amenities and transportation networks. The property's design fosters a productive and comfortable work environment, making it an ideal location for businesses of all sizes. The available 100 square feet provides an immediate opportunity for a small business or expansion for an existing one. This is a rare opportunity to secure office space in a well-maintained and conveniently located building in a thriving Virginia Beach community. The zip code is 23462.

    Property Features for 5250 Challedon Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,600 SF
    Class
    C

    Building Details

    Year Built/Renovated
    1975/2018

    Unit(s) available at that property

    Space
    Single Office Spaces
    Size
    100 SF

    HighLights

    • All‑inclusive utilities (electric, heating, air conditioning, water, sewer, trash, and internet).
    • Ample parking: 33 spaces plus street parking.
    • Shared conference room available for tenant use.
    • Secure building access 24/7.
    • On‑site property management.
    • Short‑term leases considered.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hearts Full of Grace Association / Organization Exclusive Creations Custom T-Shirt Store Damitka Bynum Social Worker WRVISUALS Photography Service 7 Cities Fire ... Fire Protection Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach City
    State
    Virginia
    Longitude
    -76.1682752
    Latitude
    36.8268494

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    FAQs

    What type of property is this?
    Office Property / Space - Virginia Beach Office Building, 15,500 SF Available
    Where is this office property / space located?
    The property is located at 5250 Challedon Dr Virginia Beach, VA.
    What are key features of this property?
    This property features: All-inclusive utilities (electric, heating, air conditioning, water, sewer, trash, and internet).; Ample parking: 33 spaces plus street parking.; Shared conference room available for tenant use.
    Request Owner's contact information
    5250 Challedon Dr Virginia Beach, VA 23462
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    Virginia Beach, VA 23462
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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
    5250 Challedon Dr Virginia Beach, VA 23462
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