400 W Olney Rd Norfolk, VA 23507
For Lease
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This exceptional 2,500 square foot executive office space is ideally situated in the desirable ODU/Ghent submarket at 400 W. Olney Road. The entire building, totaling 2,500 square feet, is currently available for lease, presenting a unique opportunity for a single tenant to occupy the entire space. Built in 1999, the property sits on a substantial 16,695 square foot lot and includes ample parking with 15 spaces available. The building is comprised of seven rental units, indicating a well-established and potentially adaptable layout. The property's classification as both retail and office suggests versatile usage options, making it suitable for a variety of businesses. The large square footage and convenient parking make this an attractive option for companies seeking a prominent presence in a vibrant and established neighborhood. The entire 2,500 square feet is vacant and ready for immediate occupancy, allowing for quick and efficient setup. This is a rare opportunity to secure a substantial, well-located office space in a highly sought-after area. Interested parties are encouraged to inquire promptly.
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Acupuncture & Herbal Solutions Medical Clinic Alternative Medicine Practice
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Troy's Duct Cleaning Crew HVAC Service General Contractor
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FLOW Massage & Bodywork Alternative Medicine Practice Spa & Massage Center
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Tidewater Integrated Movement Studios Gym & Fitness Center
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Susan G. Sandage, LAC Alternative Medicine Practice Acupuncture
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PDMU-4 · Norfolk, VANorfolk. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.