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Property profile & analytics
FOR LEASE
Showrooms

200 W 21St St Norfolk, VA 10011

22,988 SF 0.63 ac lot Built 1983
Entity Owned 4-yr Hold Free & Clear
Property ID
US87-3366625
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 workspace. The space is currently vacant and ready for immediate lease. The multiple tenancy structure allows for flexibility in configuring the space to suit the needs of various tenants. The precise total square footage of the building is not currently available. This prime location in Norfolk, Virginia, offers a vibrant and dynamic environment for businesses of all sizes. The address is easily accessible and well-suited for attracting clients and employees. Interested parties are encouraged to inquire further to explore the possibilities of establishing their business in this thriving area. The property's C-2 zoning ensures a wide range of permitted uses, making it an attractive option for diverse business models. This is a rare opportunity to secure a substantial and well-located coworking space in a desirable Norfolk location.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1983
Total area 22,988 SF
Lot 0.63 ac (27,242 SF)
Zoning code C-2
APN 44528500
UPID US87-3366625
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • S Ray Barrett Cleaners (Bike/Boat/Book/etc) Store
  • Norfolk Indoor Soccer Gym & Fitness Center Sports Field & Court
  • La Boheme Aveda Concept Salon Hair Salon
  • Bombshells by Melissa Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.74M
Comparable Approach Comparable
$2.74M
Blend (final) Blend
$720k
Owner & transaction history
200 W 21st Street LLC · 4 yrs held
200 W 21st Street LLC
since 2022
2 recorded transactions
2022
Price N/A
2009
Price N/A
Zoning & alternative use
C-2 · Norfolk, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Adopted Zoning Ordinance
Top alternative use upside
Office building $4.5M +69.8%
Auto repair, garage $4.4M +66.7%
Retail stores $3.8M +42.0%
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