Financial
Distress signals
Property profile

5900 Lk Wright Dr Norfolk, VA 23502

OFF-MARKET
Medical Office Space
Property ID
US87-3367538
70,681 SF 6.58 ac lot Built 2004
Last sale Oct 2021 · $5,750,001
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Silver Oak is a multi-story medical/office building in a campus-style setting in Norfolk, Virginia, centrally located in Hampton Roads. The three-story property contains 80,730 square feet and is positioned on the east side of Lake Wright Drive, northeast of USAA Drive. It is oriented for visibility from Interstate 64, with nearby interstate access via Lake Wright Drive and Military Highway or via USAA Drive and Northampton Boulevard, and access ramps located within about one mile. The site is

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$113k
Tax billed · 2024
Assessed value$9.07M
Assessed land$2.68M
Assessed improvement$6.39M
Effective rate1.25%

Value estimate

· Sep 2026
$17.36M
$15.62M – $19.10M
AI approach$11.91M
CAP approach$12.45M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
O-1
JurisdictionNORFOLK CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.9
Dental Office16.8
Spa & Massage15.3

Location

5900 Lk Wright Dr Norfolk, VA 23502-1871
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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