You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $3,955,000
Office buildings

440 Monticello Ave 2A Norfolk, VA 23510-2571

24,710 SF 0.44 ac lot Built 2010
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US87-3358649
Property summary
AI-generated overview

The Wells Fargo Center, a prestigious Class A office building in downtown Norfolk, Virginia, offers a unique opportunity for businesses seeking prime office space. This 22-story tower, constructed in 2010 and boasting LEED Gold certification, provides 255,000 square feet of total space, with 70,317 square feet currently vacant and available for lease. The building is situated on a five-acre block in the heart of the city, at the intersection of Monticello Avenue and Charlotte Street, within the D-MU (Downtown - Mixed Use) zoning district. Multiple tenancy options are available, ranging from a minimum of 1,398 square feet to a maximum contiguous space of 24,500 square feet, catering to a variety of business needs. The building features ample parking with 1,859 spaces distributed across two convenient garages, ensuring easy access for employees and clients. High-speed elevators efficiently service all floors. The property's address is 440 Monticello Ave, Norfolk, VA 23510, and its location within the Downtown Norfolk submarket provides excellent access to amenities, transportation, and a vibrant urban environment. The APN is 1437071138, and the building is categorized as both Executive and Medical Office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2010
Total area 24,710 SF
Lot 0.44 ac (19,227 SF)
APN 10911002
UPID US87-3358649
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • RecoveryTrek (Bike/Boat/Book/etc) Store Corporate Office
  • in8 chiropractic - Norfolk Alternative Medicine Practice
  • Tidewater Media Solutions Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Willcox & Savage, P.C. Law Firm
  • Wiley Law Offices, PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.58M
Blend (final) Blend
$3.96M
Owner & transaction history
Syne Trek LLC A Virginia Limited Li · 9 yrs held
Syne Trek LLC A Virginia Limited Li
since 2016
1 recorded transaction
2016
$558,240
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 440 Monticello Ave, Unit 2A?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message