This exceptional three-story medical office building, totaling 35,358 square feet, is located at 400 W Brambleton Ave, Norfolk, VA 23510, near Brambleton Ave & Botetourt Street. Built in 1977 and extensively renovated in 2023, the property boasts three suites, offering flexible space options ranging from 1,527 to 7,303 contiguous square feet. Currently, 8,830 square feet is available for lease. The building features convenient surface parking, a significant advantage in this desirable…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?

$77k

Tax billed · 2024

Assessed value$6.18M

Assessed land$4.58M

Assessed improvement$1.60M

Effective rate1.25%

Value estimate

· Nov 2026

$3.23M

$2.91M – $3.55M

Submarket $/SF estimate$2.63M

NOI build-up

Gross scheduled income$721k

Vacancy & credit loss−$47k

Operating expenses−$270k

NOI$405k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

$405k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

D-4

JurisdictionNORFOLK CITY

Location intelligence

Which uses thrive at this corner?

Best fit: Electrical Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Electrical Service11.0

Auto Parts Store10.8

Kitchen & Bath10.6

400 W Brambleton Ave Norfolk, VA 23510

County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 15 properties nearby

Address Sale price Sold Size

130 York, Norfolk, VA 23510-2007 $400,000 May 2021 3,706 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

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400 W Brambleton Ave Norfolk, VA 23510

Property summary