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    Property profile & analytics

    861 Glenrock Rd Norfolk, VA 23502-3720

    • Office buildings
    • 47,138 SF
    • 2.23 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-3350526
    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.

    Current Use by Public Records

    • Opportunity Inc.'s Opplnc One-Stop Workforce Center (Client Services Accessed Here) / Employment Center / Government Office
    • Virginia Employment Commission / Employment Center / Employment Agency
    • Cross Data School-Technology / Computer Training School
    • Cross Data Certified Testing / Technical School
    • Virginia Career Works - Norfolk Center / Employment Agency

    Property Details for 861 Glenrock Rd

    Year built
    1973
    Lot size
    2.23 lot acres
    Property size
    47,138 SF
    Zone code
    C-3
    Property type
    Office buildings
    APN
    13279505
    APU
    13279505

    Description

    Circle East, located at 861 Glenrock Rd, Norfolk, VA 23502, offers 43,500 square feet of versatile office space in a prime Hampton Roads location. This Class C building, constructed in 1973 and renovated in 2000, features a two-story structure with ample parking (220 spaces) and elevator access. The property is zoned C-R and situated in the Central Norfolk submarket cluster, offering convenient access to major thoroughfares including I-264 and I-64. Its strategic location provides close proximity to Sentara Leigh Hospital and the Brock Center. The building currently has 13,500 square feet of vacant space available, divisible into units ranging from 3,000 to 13,500 contiguous square feet, making it suitable for a variety of tenants. The property accommodates multiple tenants and is categorized as Traditional, Creative, and Medical Office space. This presents a unique opportunity for businesses seeking flexible and well-located office solutions in a thriving area. The building consists of two suites in total. Interested parties should inquire about lease terms and availability.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk City
    State
    Virginia
    Longitude
    -76.2016
    Latitude
    36.8519
    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
    $35,413
    $1,331,000
    $1,502,000
    $2,833,000
    -
    $1,331,000
    $1,502,000
    $2,833,000

    Comparable in this City

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    • Value Estimation by Request
      24,598 SF

      5755 Poplar Hall Dr

      OFFICE BUILDING • 24,598 SF
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    Similar Nearby for Sale

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      Norfolk Office Building For Sale

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      35,092 SF

      Renovated Office/Medical Building For Sale

      35,092 SF renovated building near Sentara Leigh Hospital.
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      16,750 SF

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      Single-story medical office building with interstate visibility and ample parking.
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    • $1,600,000
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      Stand-alone commercial building with office, flex, and storage space.
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      Norfolk Industrial Investment Opportunity

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    Similar Nearby for Lease

    • $26 SF/Yr
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      Norfolk Office Suite - 2706 SF

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      Riverside Corporate Center: Premier Office Space

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      View Details
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    861 Glenrock Rd
    Norfolk, VA 23502-3720
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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