520 21st St Norfolk, VA 23517-1950
This exceptional executive office space, totaling 2,517 square feet, is situated within the prestigious 21 West Shopping Center in Norfolk, Virginia's vibrant Ghent commercial district. Located at 520 W 21st St, zip code 23517, this Class C office building offers a single-tenant occupancy opportunity within a larger 35,625 square foot complex. Built in 2004, the property boasts excellent visibility and accessibility, benefiting from its location on 21st Street, a thoroughfare experiencing a high volume of vehicular traffic (14,000 vehicles per day). The building's strategic placement ensures prominent exposure to Norfolk's thriving community. This presents a unique chance to establish a presence in a highly desirable area. The available space is part of a larger office building, providing potential for expansion or synergy with other businesses within the center. The property is located in Norfolk County and offers a convenient and well-connected location for businesses seeking a prime address in a bustling commercial hub. This is an ideal opportunity for businesses seeking a high-profile location with excellent visibility and accessibility in a well-established commercial district. The property's size and location make it suitable for a variety of executive office uses.
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Katana Restaurant
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Kung Fu Tea Ghent Cafe & Coffee Shop
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ELG Consulting Group Real Estate Agency
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Legerity (Bike/Boat/Book/etc) Store Corporate Office
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Angioma Alliance Social Service Agency Charitable Organization
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 Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Norfolk, VACosts & 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.