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7849 Azalea Garden Rd
Norfolk, VA 23518

Office Property For Sale

Investment Highlights

  • Great Road Frontage
  • Prime Location

Executive Summary

Free-standing 1-storey commercial building. We have renovated it to 9 specious office suits. & of them, 7 suites are rented out.
There are two restrooms. Plenty of parking spaces. It has a gas water heater (just replaced) and a centrally controlled AC unit.
Contact me for an appointment and any additional information.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
1,760 SF
Building Class
C
Year Built
1944
Price
£398,422
Price Per SF
£226
Net Initial Yield
6.89%
NOI
£27,451
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
1,760 SF
Building FAR
0.21
Lot Size
0.19 AC
Zoning
41

PROPERTY TAXES

Parcel Number 46691000 Improvements Assessment £158,967
Land Assessment £55,699 Total Assessment £214,665

PROPERTY TAXES

Parcel Number
46691000
Land Assessment
£55,699
Improvements Assessment
£158,967
Total Assessment
£214,665
 

  • Listing ID: 34072550

  • Date on Market: 03/12/2024

  • Last Updated:

  • Address: 7849 Azalea Garden Rd, Norfolk, VA 23518

The Office Property at 7849 Azalea Garden Rd, Norfolk, VA 23518 is currently available for sale. Contact Redefy for more information.

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