Office Space / Virginia / Norfolk / 23517 / 500 West 21st Street

500 West 21st Street

Q: What is the asking price for 500 West 21st Street in Norfolk?

The asking price for 500 West 21st Street is $3,900,000

Q: What is the building size of this Office property in Norfolk, VA?

The size of the building/unit at 500 West 21st Street in Norfolk is 17,306 square feet.

Q: How much land does the Norfolk, VA property at 500 West 21st Street include?

500 West 21st Street in Norfolk includes 0.922 acres of land.

Q: What kind of Office is the propery at 500 West 21st Street?

The property at 500 West 21st Street Norfolk, VA 23517 is listed as a Professional Office property.

Q: What is the population within 1 mile of 500 West 21st Street?

The population within 1 mile of 500 West 21st Street Norfolk, VA 23517 is 23,262 people.

Q: Who do I contact for questions about 500 West 21st Street?

You should contact the listing agent, John Profilet, for any details regarding this commercial listing.

Norfolk, VA 23517

Listing ID: 213704

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Building Size: 17,306 SF

Lot Size: 0.922 AC

Land Size: 40,162 SF

Building $/SF: $225.36

Land $/SF: $97.11

Price

$3,900,000

Description

S.L. Nusbaum Realty Co. is pleased to present for sale a fully leased, three (3)-story office building located in the Ghent neighborhood of Norfolk. The 17,306 RSF building sits on 0.922 acres, offering an abundance of parking. Norfolk’s historic Ghent Neighborhood is a vibrant community filled to the brim with character, culture, and delicious cuisine. The neighborhood’s main thoroughfare, Colley Avenue, and adjacent 21st and 22nd Streets are lined with eclectic eateries, unique shops, art galleries, and antique stores. The neighborhood hosts Hampton Road's largest medical complex, and only Level 1 trauma center, containing Sentara Norfolk General Hospital, Sentara Heart Hospital, Children's Hospital of The King's Daughters, and Eastern Virginia Medical School. The first open-heart surgery in Virginia was performed at Sentara Norfolk General Hospital in 1967, and the first baby in the United States conceived by in vitro fertilization was born there in 1981.

Attachments & Files

500w.21ststreetofferingmemorandum-Ghy-H8a.pdf

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Norfolk History of Office Space for Sale

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Listing Demographics for 500 West 21st Street Norfolk, VA 23517

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	3-Miles	5-Miles
Total Population		23,262	132,564	301,646
Population Median Age		36	36	35
Population by Age	0-9 Yrs	2380 (10%)	14528 (10%)	38451 (12%)
	10-19 Yrs	2153 (9%)	17173 (12%)	36918 (12%)
	20-29 Yrs	6547 (28%)	31231 (23%)	69700 (23%)
	30-39 Yrs	3611 (15%)	18535 (13%)	42477 (14%)
	40-49 Yrs	2342 (10%)	13577 (10%)	30379 (10%)
	50-59 Yrs	2256 (9%)	14927 (11%)	33126 (10%)
	60-69 Yrs	2100 (9%)	12597 (9%)	28366 (9%)
	70+ Yrs	1874 (8%)	9996 (7%)	22231 (7%)

Median HH Income		$54,986	$55,077	$52,169
Total Household Income	< 24K	2661 (26%)	12582 (25%)	26852 (24%)
	25-49K	1957 (19%)	10378 (20%)	25419 (23%)
	50-74K	1587 (16%)	8222 (16%)	20577 (18%)
	75-99K	1119 (11%)	6088 (12%)	13000 (11%)
	100-199K	1930 (19%)	9216 (18%)	17919 (16%)
	200K+	650 (6%)	3380 (6%)	4907 (4%)

Highest Education Level	No Diploma	1455	9149	22828
	Diploma or GED	2958	17854	48052
	Some College	2959	18115	46734
	Assoc. Degree	818	5756	15389
	Bachelors Degree	3786	17627	31990
	Higher Degree	3502	14722	21995

Total Housing Units		11,033	56,333	121,425
--Owner-Occupied		3,213	22,459	50,817
--Renter-Occupied		6,691	27,408	57,859
Owner-Occupied Values	< 100K	247	1603	3979
	100-199K	767	7158	20705
	200-299K	717	5716	14926
	300-399K	614	3105	4630
	400-499K	355	1860	2567
	500K+	513	3017	4010

Total Working Age Population		19,741	110,310	243,750
In Work Force		13,397	72,361	165,271
Not In Work Force		6,344	37,949	78,479
Workforce Employed		11,384	60,104	127,222
Workforce Unemployed		824	5,550	11,115
Civlian Workforce		12,207	65,653	138,337
Military Workforce		1,189	6,708	26,934

Total Households		9,903	49,866	108,676
Family Households		4,346	26,881	63,952
Non-Family Households		5,558	22,986	44,723
Married Couple		2,807	16,868	38,145
Other Family		1,539	10,013	25,807
Married w/Child		1,047	6,342	15,079
Single Male w/Child		83	994	2,550
Single Female w/Child		849	4,763	11,764

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Virginia	7,078,515	+13	8,001,024	+8	8,655,021	+8	9,331,666
Chesapeake city	199,184	+12	222,209	+12	249,244	+9	270,506
Hampton city	146,437	-6	137,436	-1	135,530	-6	127,842
Norfolk city	234,403	+4	242,803	+2	246,881	+1	249,889
Portsmouth city	100,565	-5	95,535	-1	95,027	-5	90,715
Virginia Beach city	425,257	+3	437,994	+4	457,699	+2	467,187

Total Working Age Population:

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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.

Common Questions and Answers

What is the asking price for 500 West 21st Street in Norfolk?

The asking price for 500 West 21st Street is $3,900,000

What is the building size of this Office property in Norfolk, VA?

The size of the building/unit at 500 West 21st Street in Norfolk is 17,306 square feet

How much land does the Norfolk, VA property at 500 West 21st Street include?

500 West 21st Street in Norfolk includes 0.922 acres of land

What kind of Office is the propery at 500 West 21st Street?

The property at 500 West 21st Street Norfolk, VA 23517 is listed as a Professional Office property

What is the population within 1 mile of 500 West 21st Street in Norfolk?

The population within 1 mile of 500 West 21st Street Norfolk, VA 23517 is 23,262 people.

Who do I contact for questions about 500 West 21st Street?

You should contact the listing agent, John Profilet, for any details regarding this commercial listing.

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108 American Legion Road, Chesapeake, VA	$315,000	2000	-
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281 Independence Boulevard, Virginia Beach, VA	CALL	300000	-
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Closest Commercial Airports

Airport	Distance (mi)
Norfolk International Airport (ORF)	5
Newport News Williamsburg International Airport (PHF)	21
Richmond International Airport (RIC)	72