7915 Shore Dr Norfolk, VA 23518
The Shops at Salt Ocean View offers exceptional medical office space in Norfolk, Virginia. This 7,800 square foot retail and office building, situated at 7915 Shore Dr, 23518, features multiple tenancies with spaces ranging from 1,300 to 7,800 contiguous square feet. The property boasts excellent visibility, situated on Shore Drive (36,751 vehicles per day) and near Little Creek Road (23,952 vehicles per day), with signalized access points from both. Its prime location offers convenient on-site parking and is within walking distance of the vibrant East Beach communities and marina. This new development is part of a larger 94-unit multi-family complex, providing a strong surrounding demographic. A drive-thru option is available for added convenience. The property is ideal for medical practices seeking high visibility and accessibility in a thriving coastal community. This is a rare opportunity to secure space in a brand new, well-located development with strong traffic counts and excellent visibility. The flexible space allows for customization to meet the specific needs of various medical practices. Don't miss this chance to establish your practice in a desirable and high-traffic location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.