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Financial
Distress signals
Property profile

200 21st St Norfolk, VA 23517

OFF-MARKET
Showrooms
Property ID
US87-3366625
22,988 SF 0.63 ac lot Built 1983
Last sale May 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional coworking space, located at 200 W. 21st Street in Norfolk, Virginia, offers 2,300 square feet of immediately available office space on the second floor. The property is zoned C-2, providing flexibility for a variety of uses within the coworking model. The building itself is situated in Norfolk County, VA, zip code 10011, offering convenient access to local amenities and transportation. This listing presents a unique opportunity for businesses seeking a ready-to-occupy…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$19k
Tax billed · 2024
Assessed value$1.49M
Assessed land$699k
Assessed improvement$794k
Effective rate1.25%

Value estimate

· Oct 2026
$720k
$648k – $792k
CAP approach$3.74M
Submarket $/SF estimate$2.74M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$116/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$68 – $159
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-2
JurisdictionNORFOLK CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Carpet & Flooring Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Carpet & Flooring Store8.8
Pet Grooming Service8.8
Nursing Home8.8

Location

200 21st St Norfolk, VA 23517-2205
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2515 Colley, Norfolk, VA 23517-1129 $829,000 Apr 2025 7,595 SF
226 25th, Norfolk, VA 23517-1362 $850,000 Jan 2023 12,180 SF
901 24th, Norfolk, VA 23517-1106 $4,000,000 Jan 2021 9,120 SF
2400 Colley, Norfolk, VA 23517-1128 $820,000 Dec 2020 9,932 SF
1048 27th, Norfolk, VA 23517-1019 $762,732 Jan 2020 19,183 SF
2314 Colonial, Norfolk, VA 23517-1229 $2,100,000 Dec 2018 17,375 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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