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Property profile & analytics
OFF-MARKET
Office Spaces

3301 Colley Ave Norfolk, VA 23508

7,099 SF 0.43 ac lot Built 1962
Entity Owned 1-yr Hold
Property ID
US87-3418424
Property summary
AI-generated overview

This exceptional 7,099 square foot creative office building, located at 3301 Colley Avenue in Norfolk, Virginia, presents a compelling investment opportunity. Priced at $1,100,000 ($154.95/SF), this single-story, 1962-constructed property sits on a 0.43-acre lot boasting 111 feet of frontage on Colley Avenue, complete with three convenient curb cuts. The building features numerous capital improvements, details of which are available upon request. A net-net-net (NNN) lease is currently in place, extending through December 31, 2026, providing immediate and consistent cash flow. The property's creative office subtype makes it ideal for a variety of businesses seeking a unique and adaptable workspace. Its prime location in Norfolk, Virginia, zip code 23508, offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, income-producing property with significant upside potential. Further details regarding the lease terms and capital improvements are available upon request. Serious inquiries only.

Property profile
Verified
Property type Office Spaces
Year built 1962
Total area 7,099 SF
Lot 0.43 ac (18,731 SF)
UPID US87-3418424
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
  • ABC Learning Center Daycare Center
  • Security 101 - Hampton Roads Security Service General Contractor
  • ABC Community Empowerment Center Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Stokes Colley LLC · 1 yrs held
Stokes Colley LLC
since 2025
3 recorded transactions
2025
$875,000
2019
Price N/A
2016
$241,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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