Financial
Distress signals
Property profile

400 W Brambleton Ave Norfolk, VA 23510

FOR LEASE
Medical Office Space
Property ID
US87-3346659
35,358 SF 2.1 ac lot Built 1977
Last sale Oct 2005 · $5,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

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

· Sep 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 · 1,419,828.07% cap applied$405k

Realmo valuation models over county records.

Recently sold

No data for this section
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?
1,419,828.07%
$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

Location

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 · 16 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
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
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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