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Property profile & analytics
FOR LEASE
Medical Office Space

300 Medical Pkwy Chesapeake, VA 23320

61,086 SF 4 ac lot Built 1988
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US87-0175516
Property summary
AI-generated overview

This exceptional 2,222 square foot medical office space is available for sublease in Chesapeake, Virginia, located at 300 Medical Parkway, zip code 23320. The property is classified as a medical office within a larger office building, offering a single contiguous space ideal for a variety of medical practices. The space is currently vacant and ready for immediate occupancy. The minimum leasable area is 2,222 square feet, and this is also the maximum contiguous space available for sublease. The sublease term expires on October 31, 2025. This presents a unique opportunity for a medical professional or group seeking a well-located, move-in ready space in a thriving Chesapeake community. The property's convenient location at 300 Medical Parkway provides easy access to major roadways and ample parking for patients and staff. This turnkey solution eliminates the need for extensive renovations and allows for a quick and efficient transition into your new practice. Interested parties should inquire promptly to secure this prime medical office space. The property is situated at latitude 36.7446952 and longitude -76.2485456.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1988
Total area 61,086 SF
Lot 4 ac (174,240 SF)
Zoning code O-I: OFFICE & INSTITUTION
APN 360000001832
UPID US87-0175516
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
  • Allergy & Asthma Specialists Medical Clinic
  • Plastic Surgery Associates Physician Medical Clinic
  • Holladay Property Services Midwest Construction Company General Contractor
  • Cardinal Plastic Surgery Physician Medical Clinic
  • Dr. John R. Baker Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.87M
Owner & transaction history
Pmak Chesapeake LLC · 6 yrs held
Pmak Chesapeake LLC
since 2019
1 recorded transaction
2019
$9.0M
Zoning & alternative use
O-I: OFFICE & INSTITUTION · Chesapeake, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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