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Property profile & analytics
FOR LEASE
Commercial real estate
3920 Bridge Rd Suffolk, VA 23435
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-2389845
For Lease
1 / 7
$21,095,000
3920 Bridge Rd, Suffolk, VA 23435
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Property summary
AI-generated overview
This exceptional Class A medical office building, Sentara BelleHarbour I, offers 76,170 square feet of space in the desirable Belle Harbour/Harbour View area of Suffolk, Virginia. Currently, there is 1,790 square feet of vacant space available for lease, perfect for a variety of medical practices. The building boasts an excellent location with high visibility from Route 17, providing easy access to I-664 and beyond. On-site amenities include ample above-code surface parking (a 6:1,000 ratio), full gurney-capable elevators, and an Ambulatory Surgical Center (ASC). The building's strategic location is further enhanced by the presence of a 24/7 emergency department staffed by board-certified emergency physicians, ensuring convenient access to comprehensive medical services. This property presents a unique opportunity for medical professionals seeking a well-equipped, conveniently located, and highly visible space in a thriving community. The building is situated at 3920 Bridge Rd, Suffolk, VA 23435, within Suffolk County. The property is classified as a multi-tenant office building.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2019
Total area
99,479 SF
Lot
17.9 ac (779,724 SF)
APN
13*17*LH1
UPID
US87-2389845
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
-
Emergency Services at Sentara BelleHarbour Hospital
-
Glanville Mira Carlos J MD Physician
-
Dr. George A. Sarris, MD Physician
-
Julie B. Flores, NP-C Physician
-
Dr. Edward M. Lynch, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.60M
Comparable Approach
Comparable
$19.90M
Blend (final)
Blend
$21.10M
Owner & transaction history
BELLEHARBOUR PROPERTIES LLC
BELLEHARBOUR PROPERTIES LLC
Zoning & alternative use
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 Suffolk submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Suffolk 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,145,000
6.5%
$18,595,000
7%
$17,265,000
Blend value · Realmo final
$21.10M
Range $18.99M – $23.20M · ±10%
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
$212 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$413,513
Tax year 2023
Assessed value
$37,937,000
Assessed 2023
Previous assessed
$37,937,000
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$906,900
Assessed improvement
$37,030,100
Land market value
$906,900
Improvement market value
$37,030,100
Total market value
$37,937,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
2019
Heating
NONE
Stories
4
Total area
99,479 SF
Lot
17.9 ac (779,724 SF)
APN
13*17*LH1
UPID
US87-2389845
Jurisdiction
SUFFOLK CITY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2019
Heating
NONE
Stories
4
Lot
17.9 ac
Current owner
From public records · entity-resolved
BELLEHARBOUR PROPERTIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
6015 POPLAR HALL DR #214, NORFOLK, VA 23502-3819
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
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