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Property profile & analytics
OFF-MARKET Estimated value $1,430,000
Office buildings

5701 Thurston Ave Virginia Beach, VA 23455-3330

15,225 SF 1.65 ac lot Built 1975
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US87-3953643
Property summary
AI-generated overview

This exceptional 6,600 square foot single-tenant office suite, located at 5701 Thurston Ave Suite #103 in Virginia Beach, VA, presents a remarkable opportunity. Built in 1975, this traditional office space boasts a modern design and spacious interior, perfect for customization to suit diverse business needs. Its prime location offers easy access to major roadways, ample parking for employees and clients, and proximity to numerous restaurants and shopping options. The suite is conveniently located near residential areas and public transportation, ensuring a steady flow of potential customers and convenient access for staff. Pre-wired for high-speed internet and telecommunications, this technology-ready space is ideal for a variety of businesses, including daycare centers, professional services (legal, financial, consulting), and medical or wellness practices. Lease terms are flexible and can be tailored to meet specific business requirements. The building is well-maintained, promising a hassle-free tenancy. This property offers a vibrant and convenient location within a thriving business environment. Ample parking and easy access contribute to a positive experience for both employees and clients. The contemporary architectural details create a professional and welcoming atmosphere.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1975
Construction TYPE NOT SPECIFIED
Total area 15,225 SF
Lot 1.65 ac (71,874 SF)
Zoning code I1
APN 14690372790000
UPID US87-3953643
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
  • Dr. Paul Liszka Geriatric Care Provider
  • Rigid Tactical General Contractor
  • Nicole Padmore Geriatric Care Provider
  • Asset Recovery International Waste Management Facility Recycling Center
  • M & S Shipping Ltd Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$1.43M
Owner & transaction history
First Thurston LLC · 3 yrs held
First Thurston LLC
since 2022
Last sale
$1.5M
6 recorded transactions
2022
$1.5M
2007
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I1 · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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