4013 Colley Ave Norfolk, VA 23508-2601
Property profile & analytics
4013 Colley Ave, Norfolk, VA 23508-2601
- Investment properties
- 9,259 SF
- 0.30 lot acres
Property ID
US87-3370003
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- North Colley Apartments / Apartment Building
- Leslie Pettibone / Real Estate Agency
- Chris Tillett, Crescas Real Estate / Real Estate Agency
- Leigh Crocker, Upscale Avenues Realty Group / Real Estate Agency
- Matthew Bosch, Crescas Real Estate / Real Estate Agency
Property Details for 4013 Colley Ave
- Year built
- 2019
- Lot size
- 0.30 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 11051706
- APU
- 11051706
Description
This exceptional office space, located at 4013 Colley Ave in Norfolk, Virginia, presents a fantastic opportunity for a small business or individual professional seeking a convenient and efficient workspace. The property is classified as a traditional office building with multiple tenancies, ensuring a vibrant and collaborative environment. The available space ranges from 80 to 85 square feet, ideal for a single professional or a very small team. The address is situated in the desirable 23508 zip code of Norfolk, offering easy access to local amenities, transportation networks, and other key business infrastructure. This listing specifically highlights one available office space within a larger building, providing a cost-effective solution for those seeking a professional office presence without the overhead of a larger lease. The property type is explicitly defined as a traditional office, suggesting a classic and functional layout. The precise dimensions of the available space fall within the 80-85 square foot range, making it suitable for a variety of uses. This presents a unique opportunity to establish a professional presence in a prime Norfolk location at a highly competitive size and price point. Interested parties are encouraged to inquire promptly to secure this exceptional space.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,630,000
- 6.5%
- $1,505,000
- 7%
- $1,400,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,472,000
- AI Estimate
- $1,266,000
Market price range: $627k - $1.47MMarket price range: $389k - $1.27M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,075,000 Current use
- OFFICE BUILDING
- $1,825,000 Change: +70% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,790,000 Change: +67% Conversion: Difficult
- RETAIL STORES
- $1,525,000 Change: +42% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,220,000 Change: +14% Conversion: Moderate
- WAREHOUSE, STORAGE
- $1,010,000 Change: -6% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Norfolk
- County
- Norfolk City
- State
- Virginia
- Longitude
- -76.2952
- Latitude
- 36.882
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$21,799
$261,900
$1,482,000
$1,743,900
-
$261,900
$1,482,000
$1,743,900
