Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Medical Clinic Alternative Medicine Practice
-
HVAC Service General Contractor
-
Alternative Medicine Practice Spa & Massage Center
-
Gym & Fitness Center
-
Alternative Medicine Practice Acupuncture
Location
Value estimations
Owner & transaction history
Zoning & alternative use
il ordinance. The uses and development standards for those districts shall be determined by the ZA, in accordance with the adopted Council ordinance. Those districts are listed below: A. PDMU-1; B. PDMU-2; C. PDMU-3; D.…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
PDMU-4 · Norfolk, VAil ordinance. The uses and development standards for those districts shall be determined by the ZA, in accordance with the adopted Council ordinance. Those districts are listed below: A. PDMU-1; B. PDMU-2; C. PDMU-3; D.…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
il ordinance. The uses and development standards for those districts shall be determined by the ZA, in accordance with the adopted Council ordinance. Those districts are listed below: A. PDMU-1; B. PDMU-2; C. PDMU-3; D.…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PDMU-4 in Norfolk, VA.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight