1301 First Colonial Rd Virginia Beach, VA 23454
Property profile & analytics
1301 First Colonial Rd Virginia Beach, VA 23454
- Office buildings
- 10,060 SF
- 1.13 lot acres
Property ID
US87-0770705
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.
Location Intelligence
Current Use by Public Records
- Center For Health And Cancer Prevention / Medical Clinic
- Jeremy Shulman, DDS, MS / Dental Office
- Sheer Glow / Medical Clinic / Skin Care Clinic
- Healthy Marriage Skills / Marriage Or Relationship Counselor
- Virginia colonoscopy Berger Keith E MD / Physician
Property Details for 1301 First Colonial Rd
- Year built
- 2000
- Construction
- FRAME
- Lot size
- 1.13 lot acres
- Property size
- 10,060 SF
- Zone code
- O2
- Property type
- Office buildings
- APN
- 24084562360000
- APU
- 24084562360000
Description
This exceptional medical office suite, located at 1301 First Colonial Road #101 in Virginia Beach, VA 23454, offers 400 to 1,000 square feet of versatile space perfect for a single tenant. The property is categorized as a single-tenant medical office within a larger building. The suite boasts a well-designed layout, incorporating a shared waiting area for patient comfort and convenience. A private receptionist desk ensures efficient patient management, while a dedicated procedure room provides a suitable space for examinations or treatments. A separate office offers additional space for administrative tasks or consultations. This turnkey solution is ideal for healthcare professionals seeking a professional and efficient workspace to establish or expand their practice. The suite is equipped to meet the needs of a modern medical practice. Utilities are included, simplifying operational costs. The property's location in Virginia Beach provides excellent accessibility and visibility. The latitude and longitude coordinates are 36.8689606 and -76.0325975 respectively. This is a fantastic opportunity to secure a well-appointed medical office space in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,505,000
- 6.5%
- $2,310,000
- 7%
- $2,145,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,959,000
- AI Estimate
- $1,328,000
Market price range: $1.29M - $2.90MMarket price range: $488k - $2.33M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,065,000 Current use
- RETAIL STORES
- $2,910,000 Change: +41% Conversion: Moderate
- MEDICAL BUILDING
- $2,370,000 Change: +15% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Virginia Beach
- County
- Virginia Beach City
- State
- Virginia
- Longitude
- -76.0327
- Latitude
- 36.8689
- 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
$15,642
$756,100
$823,900
$1,580,000
-
$756,100
$823,900
$1,580,000
