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    5192-5340 Fairfield Shopping Ctr Virginia Beach, VA 23464

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    For Lease
    Contact for pricing

    Retail space in a dominant, highly visible shopping center.

    Property size:
    12,381 SF
    Lot size:
    11.02 Acres

    Property Features for 5192-5340 Fairfield Shopping Ctr

    General Information

    Size
    12,381 SF
    Lot size
    11.02 Acres

    Source: ShopCore Properties - Corporate Agent Sarah Jordan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grocery-Anchored Retail Space Available

    This retail space is located within a dominant grocery-anchored neighborhood center that includes national and regional tenants such as Food Lion and TJ Maxx. Situated in Kempsville, the most densely populated submarket of Virginia Beach, the location benefits from a population of 130,000 within a 3-mile radius and an average household income of $90,000. The property offers convenient access to I-64 and I-264 and is highly visible from Kempsville Road, which sees 32,000 vehicles per day, and Providence Road, with 24,500 vehicles per day. The available retail space measures 12,381 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -76.165974
    Latitude
    36.822367

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    FAQs

    What type of property is this?
    Strip mall - Retail space in a dominant, highly visible shopping center.
    Where is this strip mall located?
    The property is located at 5192-5340 Fairfield Shopping Ctr Virginia Beach, VA.
    What are key features of this property?
    This property features: - Grocery-anchored neighborhood center with national/regional tenants like Food Lion and TJ Maxx.; - High population density: 130,000 within a 3-mile radius.; - Affluent area: $90,000 average household income.
    (312) 798-5199
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    5192-5340 Fairfield Shopping Ctr Virginia Beach, VA 23464
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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
    5192-5340 Fairfield Shopping Ctr Virginia Beach, VA 23464
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