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Property profile & analytics
FOR LEASE
Specialty properties
3415 Granby St Norfolk, VA 23504
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-3390834
For Lease
1 / 9
$7.95 SF/Yr
3415 Granby St, Norfolk, VA 23504
View Listing →
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1926
Total area
18,399 SF
Lot
0.32 ac (14,061 SF)
Zoning code
C-1
APN
26093005
UPID
US87-3390834
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
-
Dr. Subir Vij, MD Physician
-
Dr. Vladimir Markovic Physician
-
Dr. David Rosenberg Pediatrician Physician
-
Aerian Joyner Physician
-
Dr. Saundra E. Winstead, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.38M
Owner & transaction history
Creatures Care LLC · 3 yrs held
Creatures Care LLC
since 2022
Last sale
$1.2M
2 recorded transactions
Zoning & alternative use
C-1 · Norfolk, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Norfolk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norfolk submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,560,000
ML approach
$1,550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,220,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$1,745,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,735,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,575,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,200,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,175,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±10% · vs last sale $1.20M (Aug 31 2022)
Last sale anchor
$1.20M
Aug 31 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$75 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$18,265
Tax year 2024
Assessed value
$1,461,200
Assessed 2024
Previous assessed
$953,300
+53.3% YoY
Effective rate
1.25%
On assessed value
Assessed land
$248,900
Assessed improvement
$1,212,300
Land market value
$248,900
Improvement market value
$1,212,300
Total market value
$1,461,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
For Lease
Year built
1926
Heating
FORCED AIR
Cooling
YES
Stories
2
Total area
18,399 SF
Lot
0.32 ac (14,061 SF)
Zoning code
C-1
APN
26093005
UPID
US87-3390834
Jurisdiction
NORFOLK CITY
Zoning & alternative use
C-1 · Norfolk, VA
Zoning C-1 · permitted uses
C-1 · Norfolk, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norfolk. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$1.2M
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1926
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Creatures Care LLC
Entity
Mailing address
222 W 21ST ST #230, NORFOLK, VA 23517-2200
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2023
—
Creatures Care LLC
—
Deed
related
$200,000 · Southern Trust Mortgage LLC
Aug 31, 2022
$1,200,000
Creatures Care LLC
The Runnymede Corp
Warranty Deed
$1,080,000 · Southern Bank And Trust Company
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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