968 First Colonial Rd, Virginia Beach, VA 23454
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.
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Cao Catherine X MD Physician Medical Clinic
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Dr. Donald E. Lamarche Jr, MD Physician Medical Clinic
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Angela Kent Tucker, Keller Williams Realty Real Estate Agency
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Kayla Driscoll, Keller Williams Realty Real Estate Agency
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Munesh Nikita Homes Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.