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Property profile

1682 Church St Norfolk, VA 23504

OFF-MARKET
Office Spaces
Property ID
US87-3395254
4,725 SF 0.39 ac lot
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

Exceptional opportunity to acquire a 4,725 square foot medical office building situated at 1682 Church Street in the heart of Norfolk, Virginia. This property, priced at $975,000 ($206.35/SF), is ideally suited for owner-users seeking a strategic commercial space. Previously utilized as a pediatrician's office, the building offers versatile space adaptable for various professional uses, including medical, legal, counseling, or general office practices. The flexible layout allows for potential subdivision to accommodate multiple tenants. Located on a 0.39-acre lot, the property boasts convenient access to major interstates and includes a private parking area with 17 spaces (16 general and 1 handicap-accessible). The building will be available for occupancy on March 7, 2024. This prime location and ample parking make it an attractive option for businesses seeking a prominent presence in downtown Norfolk. Don't miss this chance to secure a well-positioned commercial property in a thriving urban environment.

Property profile

Verified
Property type Office Spaces
Total area 4,725 SF
Lot 0.39 ac (16,988 SF)
UPID US87-3395254

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic

Location

1682 Church St Norfolk, VA 23504
Norfolk metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
1 recorded transaction
2025
$915,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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