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Property profile & analytics
FOR LEASE
Medical Office Space

901 Hampton Blvd Norfolk, VA 23507

16,533 SF 0.5 ac lot Built 1969
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US87-3379237
901 Hampton Blvd, Norfolk, VA 23507 For Lease
Contact for pricing 3,671 SF available
901 Hampton Blvd, Norfolk, VA 23507
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Property summary
AI-generated overview

This exceptional three-story medical office building, located at 901 Hampton Blvd in Norfolk, Virginia, 23507, offers a fantastic leasing opportunity. The building totals 16,533 square feet and currently has 3,671 square feet of immediately available space. This contiguous space presents a unique chance for expansion or relocation for medical practices seeking a prominent location. The building features convenient on-site surface parking, ensuring ample space for patients and staff. The property's classification as a medical office building signifies its suitability for a variety of healthcare-related businesses. The multiple tenancy structure indicates a vibrant and established community of medical professionals. The address, 901 Hampton Blvd, places the building in a highly accessible area of Norfolk, providing excellent visibility and convenient access for patients. The available space is ideal for a practice requiring a significant footprint, offering the potential for customization and growth. With its strategic location and ample parking, this property represents a compelling investment for any medical practice seeking to establish or expand its presence in the Norfolk market. The building's three stories provide a substantial amount of space, allowing for a variety of configurations to suit specific needs. Interested parties are encouraged to inquire about this exceptional opportunity.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1969
Total area 16,533 SF
Lot 0.5 ac (21,763 SF)
Zoning code C-2
APN 63000
UPID US87-3379237
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
  • Sarah Stovall, LMFT Psychoanalyst Psychotherapist
  • Greenland Carpet Cleaning Carpet Cleaning Service
  • Dr. Stuart L. Shepheard, MD Physician
  • Thriveworks Counseling & Psychiatry Norfolk Marriage Or Relationship Counselor Psychotherapist
  • Sue Mccray, LCSW Psychotherapist Health Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$520k
CAP Approach CAP
by Request
Comparable Approach Comparable
$720k
Blend (final) Blend
$620k
Owner & transaction history
901 Hampton LLC A Virginia Limited · 10 yrs held
901 Hampton LLC A Virginia Limited
since 2016
2 recorded transactions
2020
Price N/A
2016
$1.5M
Zoning & alternative use
C-2 · Norfolk, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Adopted Zoning Ordinance
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