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    2007 Baltic Ave Virginia Beach, VA 23451

    For Sale
    $10,400,000

    Purchase,Commercial/Industrial - Virginia Beach, VA

    Property size:
    29,590 SF
    Lot size:
    0.45 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 2007 Baltic Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage, Off Street
    Size
    29,590 SF
    Lot size
    0.45 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating), Zoned (Heating)
    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    2006
    Floors in Building
    4
    Number of units
    12
    Flooring type
    Carpet, Hardwood, Tile
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Atkinson Realty (757) 425-2500 [email protected]

    Listing agent Layne Donovan (757) 321-1000

    Listing date Oct 16, 2025

    MLS# 10528253 Listing URL

    Copyright © 2025 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Virginia Beach Townhome Portfolio

    This portfolio presents an investment opportunity near the beach and boardwalk in Virginia Beach, VA. The property is located next to Atlantic Park, a development that will feature a Wavegarden Cove wave pool, an entertainment venue, retail shops, and residential apartments. The portfolio consists of 12 fee-simple townhomes within a Property Owners Association (POA) with monthly dues of $65. These units are all 3 or 4-bedroom, 3-bath residences, with most including 2-car garages. The property is located within the Virginia Beach overlay district for short-term rentals and may qualify for such use, pending buyer's due diligence and application with the City of Virginia Beach. The property encompasses 0.445 acres with a total building size of 29590 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Law Firm Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -75.979975
    Latitude
    36.847997

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    FAQs

    What type of property is this?
    Apartment building - Portfolio of 12 townhomes near the oceanfront and Atlantic Park.
    Where is this apartment building located?
    The property is located at 2007 Baltic Ave Virginia Beach, VA.
    What is the asking price?
    The asking price for this property is $10,400,000.
    What are key features of this property?
    This property features: - Prime location next to the upcoming Atlantic Park development, featuring the first Wavegarden Cove wave pool in the US, entertainment venue, retail, and residential apartments.; - Portfolio of 12 fee-simple townhomes, offering a significant investment opportunity.; - Proximity to the beach and boardwalk, only a few blocks away.
    (757) 321-1000
    Request Owner's contact information
    2007 Baltic Ave Virginia Beach, VA 23451
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    Virginia Beach, VA 23451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2007 Baltic Ave Virginia Beach, VA 23451
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