Technical
Financial
Distress signals
Property profile

3380 Princess Anne Rd Norfolk, VA 23502

OFF-MARKET
Retail properties & Spaces
5,650 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 3380 E. Princess Anne Road in Norfolk, Virginia, presents a fantastic opportunity for businesses seeking modern and efficient office space. The property consists of two units, A & B, totaling 5,650 square feet, with a maximum contiguous space of 2,825 square feet currently available. The building underwent a complete renovation in 2023, ensuring contemporary amenities and a fresh, updated aesthetic. The space is ideally suited for a variety of office uses, benefiting from its convenient location and ample parking. With 24 parking spaces available, employee and client parking is readily accommodated. The property is classified as both retail and office, offering flexibility for businesses with diverse needs. The asking rate is $13.00 per square foot, triple net (NNN). For businesses looking to establish or expand their operations, the landlord is offering build-out assistance, making this an even more attractive proposition. The property's address is 3380 E. Princess Anne Rd, Norfolk, VA 23502. This prime location in Norfolk offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strategic presence in the area. Don't miss this chance to secure this renovated, well-located office space.

Property profile

Verified
Property type Retail properties & Spaces
Total area 5,650 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

3380 Princess Anne Rd Norfolk, VA 23502
Norfolk metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3380 Princess Anne Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message