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Property profile & analytics

200 21St St Norfolk, VA 10011

  • Showrooms
  • 22,988 SF
  • 0.63 lot acres
Value Estimation
$710,000
Last Sale
May 05, 2022
Location Intelligence
Property ID
US87-3366625
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

  • S Ray Barrett Cleaners / Clothing Alteration Service / Laundry Service
  • Norfolk Indoor Soccer / Sports Club
  • La Boheme Aveda Concept Salon / Beauty Salon / Hair Salon
  • Bombshells by Melissa / Beauty Salon

Property Details for 200 21St St

Year built
1983
Lot size
0.63 lot acres
Property size
22,988 SF
Zone code
C-2
Property type
Showrooms
APN
44528500
APU
44528500

Description

This exceptional coworking space, located at 200 W. 21st Street in Norfolk, Virginia, offers 2,300 square feet of immediately available office space on the second floor. The property is zoned C-2, providing flexibility for a variety of uses within the coworking model. The building itself is situated in Norfolk County, VA, zip code 10011, offering convenient access to local amenities and transportation. This listing presents a unique opportunity for businesses seeking a ready-to-occupy workspace. The space is currently vacant and ready for immediate lease. The multiple tenancy structure allows for flexibility in configuring the space to suit the needs of various tenants. The precise total square footage of the building is not currently available. This prime location in Norfolk, Virginia, offers a vibrant and dynamic environment for businesses of all sizes. The address is easily accessible and well-suited for attracting clients and employees. Interested parties are encouraged to inquire further to explore the possibilities of establishing their business in this thriving area. The property's C-2 zoning ensures a wide range of permitted uses, making it an attractive option for diverse business models. This is a rare opportunity to secure a substantial and well-located coworking space in a desirable Norfolk location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $720,000
  • CAP approach

    CAP return
    Estimation
    6%
    $755,000
    6.5%
    $655,000
    7%
    $710,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $700,000
    Geo Method
    $640,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $620,000
    Retail
    $780,000
    Mixed-Use
    $690,000
    Hospitality
    $805,000
    Educational
    $775,000
    Residential Income
    $790,000
    Energy
    $820,000
    Income-Based Land
    $635,000
    Food Service
    $665,000

Location Insight

  • Map
  • Local Demand
City
Norfolk
County
Norfolk City
State
Virginia
Longitude
-76.2865
Latitude
36.8683
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
2024
$18,655
$698,800
$793,600
$1,492,400
-
$698,800
$793,600
$1,492,400
More about this property
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