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Financial
Distress signals
Property profile

160 Kingsley Ln Norfolk, VA 23505

FOR LEASE
Assisted living facilities
Property ID
US87-3353291
43,511 SF 0.34 ac lot Built 1988
Last sale Dec 2023 · $5,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a five-story medical office building totaling approximately 35,805 square feet, configured to provide multiple office suites with sizes ranging from about 850 square feet to over 4,000 square feet. It features flexible floor plans that support a range of medical office uses. The building is located on the Bon Secours DePaul Hospital Campus and includes direct internal access to DePaul Hospital. It is situated just off Granby Street in Norfolk’s Central Norfolk submarket. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$262k
Assessed land$146k
Assessed improvement$116k
Effective rate1.25%

Value estimate

· Oct 2026
$7.70M
$6.93M – $8.47M
AI approach$7.63M
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 136,620.00% cap applied$20k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
136,620.00%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IN-2
JurisdictionNORFOLK CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.3
Realty agency14.1
Hair Salon12.7

Location

160 Kingsley Ln Norfolk, VA 23505
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 8 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
6403 Granby, Norfolk, VA 23505-4447 $6,821,000 Dec 2021 39,849 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
3 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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