Property summary
This exceptional 2,500 square foot medical office condo, located at 968 First Colonial Road in Virginia Beach, VA 23454, presents a unique investment opportunity. Built in 1987 and recently remodeled, this property boasts a modern and functional layout perfectly suited for a thriving medical practice. The space features multiple private consultation rooms, spacious treatment areas designed for patient comfort, and a welcoming patient lobby. Premium finishes and updated amenities create a professional and inviting atmosphere. Large windows throughout the unit provide ample natural light. Situated in a high-traffic area with excellent visibility and accessibility, this location offers significant advantages for patient access. Its proximity to major roads, local businesses, and residential neighborhoods ensures a consistent flow of potential clients. This is an ideal space for both established healthcare providers seeking to upgrade their facilities and growing practices looking to establish themselves in a prime Virginia Beach location. The asking price for this mixed-use, medical office property is $715,000.
Property profile
VerifiedCap rate & NOI
Current use
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Physician Medical Clinic
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Physician Medical Clinic
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning