5701 Thurston Avenue

Virginia Beach, VA 23455

Listing ID: 135318
$1,495,000
For Sale
  • Lot Size Acres 1.650
  • Building Sq Ft 15,225
  • Building Price per Sq Ft $98.19
  • Land Sq Ft 71,874
  • Land Price per Sq Ft $18.00
  • NOI $115,900
  • CAP Rate % 7.75
5701 Thurston Avenue - main image
5701 Thurston Avenue - alt image 2
Description
This is a well constructed concrete standup Office Building.
It has a modern Stucco Header, full length glass, and great parking.
The location is prime at corner of Diamond Springs and Thurston. New Outlet Mall, IKEA coming soon.
Ready for contractors at Little Creek with their new mission.
Perfect way to own your own building and have tenants paying part of your costs.
Complete roof renovation planned for March 2019 with 10 year warranty.
Attachments & Files
Location & Directions
Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile Radius 3-Mile Radius 5-Mile Radius
Total Population6,79286,213223,259
Population Median Age373637
Population by Age0-9 Yrs10501078227774
10-19 Yrs458905123830
20-29 Yrs13161767940882
30-39 Yrs9351300733919
40-49 Yrs8471027526046
50-59 Yrs10051079529018
60-69 Yrs583799122702
70+ Yrs598663319088
Median HH Income$59,856$57,923$58,456
Total Household Income< 24K353586115696
25-49K739839421018
50-74K760721617930
75-99K353445312216
100-199K617635516548
200K+7012883314
Highest Education LevelNo Diploma622626716915
Diploma or GED11311444940195
Some College12851527539854
Assoc. Degree309588214719
Bachelors Degree8041039227056
Higher Degree495607014882
Total Housing Units3,03536,57194,103
--Owner-Occupied1,57317,40847,052
--Renter-Occupied1,31816,16039,669
Owner-Occupied Values< 100K21212853210
100-199K444630618185
200-299K542520914231
300-399K24624815318
400-499K979682580
500K+3211593528
Total Working Age Population5,46069,907180,371
In Work Force4,05049,873126,111
Not In Work Force1,41020,03454,261
Workforce Employed3,50141,323108,131
Workforce Unemployed1002,3127,169
Civlian Workforce3,60143,634115,300
Military Workforce4496,23810,810
Total Households2,89133,56886,721
Family Households1,81021,08354,708
Non-Family Households1,08212,48532,013
Married Couple1,27914,28636,223
Other Family5316,79718,485
Married w/Child4665,66714,271
Single Male w/Child1581,1312,577
Single Female w/Child1812,6817,118

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Virginia7,078,515+138,001,024+88,655,021+89,331,666
Virginia Beach city425,257+3437,994+4457,699+2467,187
Chesapeake city199,184+12222,209+12249,244+9270,506
Norfolk city234,403+4242,803+2246,881+1249,889

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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