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Fort Tar Lofts offers a compelling living experience with an 8.8 out of 10 expert rating, highlighting its competitive pricing and impressive amenities that achieve a perfect score of 10. The property excels in location with a 9 out of 10 rating, providing excellent accessibility and proximity to numerous dining, cultural, and fitness options. Additionally, its trustworthiness score of 8 reflects a commitment to transparency, further enhancing its appeal for renters.
Things you’ll love
Great for
| Fort Tar Lofts - 100 | Room | 2 bath | 2,950 sqft | $6,500 /mo | Prime Office/Retail Opportunity – Fort Tar Lofts, Downtown Norfolk Discover a unique investment and leasing opportunity at the corner of Monticello Avenue & Fort Tar Lane in the heart of downtown Norfolk! *Property Highlights* - 2,950 SF office/retail space available – beautifully built-out, turn-key medical office. - 12,950 SF mixed-use building – featuring three studio apartments, eight 1BR/1BA units, two 2BR/1BA units, plus commercial space. - Unbeatable location – directly across from Cedar Grove Parking Lot. - Excellent accessibility – less than 1 mile from I-264 on/off ramps, downtown Norfolk, and TCC (Norfolk campus); under 2 miles from Norfolk State University & EVMS (Eastern Virginia Medical School). - High traffic counts – over 22,969 vehicles per day along Monticello Avenue. - Whether you're seeking vibrant retail visibility, a modern office setting, or a mixed-use investment in one of Norfolk's most dynamic areas, Fort Tar Lofts offers it all. Don't miss this rare opportuni |
Let's explore this property.
Apartment Amenities
| Trash Included |
Building
| Elevator |
Grounds
| Garage Parking |
One-time.
One-time.
Garage Parking
Questions about this property’s policies and fees?
| Units | 1 |
|---|
Prime Office/Retail Opportunity – Fort Tar Lofts, Downtown Norfolk Discover a unique investment and leasing opportunity at the corner of Monticello Avenue & Fort Tar Lane in the heart of downtown Norfolk! *Property Highlights* - 2,950 SF office/retail space available – beautifully built-out, turn-key medical office. - 12,950 SF mixed-use building – featuring three studio apartments, eight 1BR/1BA units, two 2BR/1BA units, plus commercial space. - Unbeatable location – directly across from Cedar Grove Parking Lot. - Excellent accessibility – less than 1 mile from I-264 on/off ramps, downtown Norfolk, and TCC (Norfolk campus); under 2 miles from Norfolk State University & EVMS (Eastern Virginia Medical School). - High traffic counts – over 22,969 vehicles per day along Monticello Avenue. - Whether you're seeking vibrant retail visibility, a modern office setting, or a mixed-use investment in one of Norfolk's most dynamic areas, Fort Tar Lofts offers it all. Don't miss this rare opportunity — schedule a tour today!
How Fort Tar Lofts compares to other nearby properties.
Positives
| Month | Median Rent |
|---|---|
| April 2024 | $1,491 |
| May 2024 | $1,471 |
| June 2024 | $1,376 |
| July 2024 | $1,261 |
| August 2024 | $1,221 |
| September 2024 | $1,295 |
| October 2024 | $1,358 |
| November 2024 | $1,330 |
| December 2024 | $1,348 |
| January 2025 | $1,284 |
| February 2025 | $1,070 |
| March 2025 | $1,062 |
| April 2025 | $1,120 |
| May 2025 | $1,333 |
| June 2025 | $1,378 |
| July 2025 | $1,384 |
| August 2025 | $1,379 |
| September 2025 | $1,362 |
| October 2025 | $1,372 |
| November 2025 | $1,400 |
| December 2025 | $1,415 |
| January 2026 | $1,476 |
| February 2026 | $1,461 |
| March 2026 | $1,476 |
Can I afford to live at 1001 Monticello Ave?
Bedrooms
RoomRent-to-income ratio
30%
$260,000/yr
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