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    301 Riverview Ave Norfolk, VA 23510

    Sponsored
    For Lease
    $28 SF/Yr

    Prime Norfolk Medical Office Suites Available

    Lot size:
    196,205 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Sentara Fort Norfolk Plaza, a Class A, nine-story medical office building located at 301 Riverview Ave, Norfolk, VA 23510, offers exceptional opportunities for medical professionals. This multi-tenant building boasts a total of 196,205 square feet, with 25,619 square feet currently vacant. Spaces range from a minimum of 3,177 square feet to a maximum contiguous space of 12,965 square feet, providing flexibility for various practice sizes. The building's prime location in Norfolk, within Norfolk County, ensures high visibility and accessibility for patients. Its "A" class designation reflects its superior construction, amenities, and overall quality. This is an excellent opportunity to establish or expand your medical practice in a thriving and well-respected medical office complex. The building is situated in Norfolk, Virginia, offering convenient access to major transportation routes and a diverse patient population. Serious inquiries are encouraged to explore the available spaces and their potential to meet your specific needs. Contact us today to schedule a viewing and learn more about this exceptional medical office opportunity.

    Property Features for 301 Riverview Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    196,205 SF
    Class
    A
    Total Rate
    465986.88

    Building Details

    Stories
    9

    Unit(s) available at that property

    Space
    Fourth Floor Shell
    Size
    12,965 SF
    Rate per SF
    $28
    Space
    First Floor Shell
    Size
    3,177 SF
    Rate per SF
    $28
    Space
    Sixth Floor Shell
    Size
    9,477 SF
    Rate per SF
    $28

    HighLights

    • 3,177 - 12,965 SF of office/medical space available in a 9‑story, 196,205 SF Class A building.
    • Prime medical location across from Eastern Virginia Medical Center, Sentara Norfolk General Hospital, Children's Hospital of The King's Daughters, Eastern Virginia Medical School, and the Jones Institute.
    • Attached parking garage (4 spaces per 1,000 SF) with covered patient drop‑off.
    • Approximately 765 parking spaces available.
    • One block from the Norfolk/EVMC Light Rail station.
    • 24/7 access with on‑site security.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sentara Therapy Center ... Physical Therapy Clinic Beverly Roberts-Atwater Physical Examination Center Sentara Fort Norfolk ... Sleep Clinic Fort Norfolk Diagnostic ... Medical Diagnostic Imaging Center Fort Norfolk Cardiology ... Medical Clinic

    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
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.3065005
    Latitude
    36.8591345

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    FAQs

    What type of property is this?
    Medical office - Prime Norfolk Medical Office Suites Available
    Where is this medical office located?
    The property is located at 301 Riverview Ave Norfolk, VA.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 3,177 - 12,965 SF of office/medical space available in a 9-story, 196,205 SF Class A building.; Prime medical location across from Eastern Virginia Medical Center, Sentara Norfolk General Hospital, Children's Hospital of The King's Daughters, Eastern Virginia Medical School, and the Jones Institute.; Attached parking garage (4 spaces per 1,000 SF) with covered patient drop-off.
    Request Owner's contact information
    301 Riverview Ave Norfolk, VA 23510
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    Norfolk, VA 23510
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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
    301 Riverview Ave Norfolk, VA 23510
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