1700 Norview Ave Norfolk, VA 23518
This exceptional office property, located at 1700 Norview Avenue in Norfolk, Virginia, presents a unique opportunity for businesses seeking a convenient and well-situated workspace. Situated on a corner lot at the intersection of Norview Avenue and Military Highway, this property offers excellent visibility and accessibility. The building, totaling 2516 square feet, features a substantial chain-link fence encompassing the entire property. The interior layout is versatile, comprising several distinct office spaces. The right side includes a 37 x 12-foot office with a bathroom and utility room. The left side offers a 19'5 x 15'8-foot office with a sink and half-bathroom. Additional office spaces include a 22'7 x 19'5-foot front office, a 16 x 15.5-foot middle office with its own bathroom, and a smaller 8'8 x 12'7-foot office in the rear left. A 11'5 x 6'4-foot kitchen is also included. The building's dimensions on the left side measure approximately 40 x 36 feet. The property's adjacency to the Bromley Shopping Center provides added convenience and high traffic exposure. Please note that this property is for office use only, with limited parking available for tenants. The monthly rent is $2000, which includes all utilities. The right side of the building is currently occupied by Budget Rental Car, utilizing most of the available parking.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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