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    Property profile & analytics

    329 Edwin Dr Virginia Beach, VA 23462-4545

    • Medical offices
    • 12,060 SF
    • 0.81 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-1244610
    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.

    Current Use by Public Records

    • Chesapeake Bay Pain Medicine / Medical Clinic / Pain Management Physician
    • Ogden Endodontics & Microsurgery / Endodontist
    • Eric Rymal / Physician Assistant / Practitioner Service Location
    • Dr. Mary Sorrentino / Dentist
    • Dr. Christine Ogden / Endodontist

    Property Details for 329 Edwin Dr

    Year built
    2014
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.81 lot acres
    Property size
    12,060 SF
    Zone code
    O2
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    14777014470000
    APU
    14777014470000

    Description

    This exceptional two-story medical office building, constructed in 2014, offers 5,558 square feet of immediately available, fully built-out space. Situated at the corner of Edwin Drive and Expressway Drive, the property boasts stunning lake views of Mount Trashmore Park and convenient access to walking trails. The building features 49 total parking spaces, catering to both patients and staff. Its prime location is just 1.5 miles from Virginia Beach's Town Center and the Central Business District at Pembroke, providing easy access to a vibrant commercial hub. Nearby amenities include the Lake Trashmore YMCA, diverse dining options, shopping centers, and hotels. The property benefits from excellent access to I-264 via the Independence/Pembroke exit, ensuring convenient commutes for patients and staff. The space is ideally suited for a variety of medical specialties, including but not limited to plastic surgery, hand surgery, pain management, dermatology, orthopedics, and cardiology. The zoning designation is 02. This turnkey opportunity presents a rare chance to establish or expand a medical practice in a highly desirable and accessible location. The building is multi-tenant.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach City
    State
    Virginia
    Longitude
    -76.1278
    Latitude
    36.8302
    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
    $25,337
    $412,300
    $2,147,000
    $2,559,300
    -
    $412,300
    $2,147,000
    $2,559,300

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    Virginia Beach, VA 23462-4545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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