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Property summary
This vibrant Portsmouth, Virginia office space at 500 Washington St, zip code 23704, offers a diverse range of flexible work solutions. The property features eight individual office spaces, perfect for startups, small businesses, or remote workers seeking a professional environment. Space sizes vary, ranging from a compact 145 square feet to a more substantial 2,911 square feet, catering to a variety of needs and budgets. The building offers a shared breakroom, fostering collaboration and… community among tenants. The location is in the desirable Downtown Portsmouth submarket, providing easy access to local amenities and transportation. This is an excellent opportunity to secure a well-appointed office space in a thriving urban setting. The property type is classified as a creative office and coworking space, suitable for businesses seeking a modern and inspiring workspace. Multiple tenancies are available, allowing for scalability and flexibility to accommodate growing businesses. The address is conveniently located at 500 Washington Street, Portsmouth, VA 23704, with GPS coordinates 36.8350631 latitude and -76.3041589 longitude. This property presents a unique chance to establish a presence in a dynamic and up-and-coming area. Inquire today to learn more about available spaces and lease terms.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,912 SF
- Lot area
- 0.16 ac
- Year built
- 1988
- Stories
- 2
- APN
- 0025-0150
- Zoning
- T5
- Assessed value · 2023
- $386,280
- Annual tax · 2023
- $5,701
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The T5 sub-district contains a higher density mix of uses with primarily retail space permitted on the ground floor.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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