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    160 Kingsley Ln Norfolk, VA 23501
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    Property profile & analytics

    160 Kingsley Ln, Norfolk, VA 23501

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    • Assisted living facilities
    • 43,511 SF
    • 0.34 lot acres
    Medical Office Building Near Hospital For Lease
    $14 SF/Yr
    35,000 SF

    Medical Office Building Near Hospital

    Medical office spaces with direct access to DePaul Hospital.

    160 Kingsley Lane, Norfolk, VA 23501
    View Listing
    Property ID
    US87-3353291
    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.

    Value Estimations
    $6,680,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Felix Tiongco / Physician
    • Edison Electricians of Norfolk / Electrical Service / General Contractor
    • Dr. David L. Kreger, MD / Physician
    • Makdisi Walid F MD / Physician
    • Dr. Jun K. Chung, MD / Physician

    Property Details for 160 Kingsley Ln

    Year built
    1988
    Lot size
    0.34 lot acres
    Zone code
    IN-2
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    60011500
    APU
    60011500

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 8, 2023 $5,700,000 St Vincent De Paul House LLC Maryview Hospital LLC Special Warranty Deed —
    Jun 26, 2023 $600,000 Maryview Hospital LLC Cci Norfolk LLC Quit Claim Deed · related —
    Oct 19, 2018 $3,504,007 Wells Fargo Bank NA Paul K Campsen Trustees Deed · related —
    Sep 18, 2006 $4,330,000 Tst Norfolk LLC Depaul Associates Deed $3.6M · Morgan Stanley Mortgage Capital INC

    Description

    This five-story, Class B medical office building, totaling 35,000 square feet, offers a unique opportunity in Norfolk, Virginia. Located at 160 Kingsley Ln, 23501, this property boasts nine suites, with a variety of sizes available to accommodate diverse business needs. The minimum divisible space is 881 square feet, while the maximum contiguous space available is 4,071 square feet. A significant 17,824 square feet is currently vacant, presenting a substantial opportunity for immediate occupancy. The building is situated on a 0.75-acre lot and benefits from convenient parking, with a ratio of 5.5 spaces per 1,000 square feet. The property is zoned IN-2 and is ideally located adjacent to Bon Secours DePaul Hospital, providing excellent visibility and accessibility. This location in Norfolk County offers a strategic advantage for medical practices and executive offices seeking a prominent presence in a thriving healthcare hub. The building's convenient size and flexible suite options make it suitable for a range of tenants, from small startups to established businesses. Inquire today to explore the possibilities of establishing your practice or business in this exceptional location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $7,700,000
      ML approach
      $7,625,000
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $6,270,000
      AUTO REPAIR, GARAGE
      $5,245,000
      OFFICE BUILDING
      $4,120,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.2824
    Latitude
    36.899
    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
    $3,271
    $146,000
    $115,700
    $261,700
    -
    $146,000
    $115,700
    $261,700
    View Listing
    More about this property
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