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    200 W 21St St Norfolk, VA 10011
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    Property profile & analytics

    200 W 21St St, Norfolk, VA 10011

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    • Showrooms
    • 22,988 SF
    • 0.63 lot acres
    Norfolk Office Space For Rent For Lease
    $16 SF/Yr

    Norfolk Office Space For Rent

    Office space available on the 2nd floor in Norfolk.

    200 W. 21st Street, Norfolk, VA 10011
    View Listing
    Property ID
    US87-3366625
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 200 W 21St St

    Year built
    1983
    Lot size
    0.63 lot acres
    Zone code
    C-2
    Property type
    Showrooms
    APN
    44528500
    APU
    44528500

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,050,000
      6.5%
      $3,740,000
      7%
      $3,475,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,736,000
      Market price range: $1.56M - $3.66M
      AI Estimate
      $1,734,000
      Market price range: $1.04M - $2.37M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,665,000
      Current use
      OFFICE BUILDING
      $4,525,000
      Change: +70% Conversion: Easy
      AUTO REPAIR, GARAGE
      $4,445,000
      Change: +67% Conversion: Difficult
      RETAIL STORES
      $3,785,000
      Change: +42% Conversion: Easy
      INDUSTRIAL (GENERAL)
      $3,035,000
      Change: +14% Conversion: Moderate
      WAREHOUSE, STORAGE
      $2,505,000
      Change: -6% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.2865
    Latitude
    36.8683
    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
    $18,655
    $698,800
    $793,600
    $1,492,400
    -
    $698,800
    $793,600
    $1,492,400
    View Listing
    More about this property
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