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    5849 Harbour View Blvd Suffolk, VA 23435

    • Commercial real estate
    • 23,316 SF
    • 1.81 lot acres
    For Sale
    View listing
    $8,355,000
    Value Estimation
    Location Intelligence
    Property ID
    US87-2356085
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Lanigan Jackie DDS / Dentist
    • Morris Mason DDS / Dentist
    • Dr. Neal A. Klar / Orthodontist
    • Klar Holmes Associates & Orthodontics - Suffolk / Orthodontist / Emergency Dental Service
    • Matiolli Michele M DDS / Dentist

    Property Details for 5849 Harbour View Blvd

    Year built
    2008
    Lot size
    1.81 lot acres
    Property size
    23,316 SF
    Zone code
    GENERAL COMMERCIAL
    Property type
    Commercial real estate
    APN
    6B*11B*2
    APU
    6B11B2

    Description

    This exceptional Class A medical office building, totaling 22,395 square feet, is situated at 5849 Harbour View Blvd in Suffolk, Virginia (zip code 23435). Constructed in 2008, this two-story building boasts a 100% occupancy rate with a weighted average lease term of approximately five years, minimizing near-term lease rollover risk. The property is strategically located on a major thoroughfare in the rapidly expanding Harbourview/North Suffolk submarket, an area with only 3.9% office vacancy within a total of 1.4 million square feet of office space. The building's tenant roster includes prominent medical practices such as Konikoff Dentistry (Dental Care Alliance), United Property Association, Chesapeake Regional Medical Associates, and Klar Holmes Orthodontics (Dental Care Alliance). The anchor tenant, Dental Care Alliance, recently received a valuation of approximately $2 billion, underscoring the financial strength of the tenant base. The building itself is impeccably maintained and features distinctive, modern build-outs, reflecting a high standard of quality and design. This presents a compelling investment opportunity in a high-growth market with exceptional visibility and strong demographics. The asking price is $8,355,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Suffolk
    County
    Suffolk City
    State
    Virginia
    Longitude
    -76.4406
    Latitude
    36.8732
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $53,449
    $949,700
    $3,069,000
    $4,018,700
    -
    $949,700
    $3,069,000
    $4,018,700

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    Suffolk, VA 23435
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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
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