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    5461 Wesleyan Dr Virginia Beach, VA 23455

    For Lease
    $18 SF/Yr ($1,800 /Mo)

    Retail space available near Wesleyan Dr and Diamond Springs Rd.

    Property size:
    1,200 SF
    Lot size:
    7.70 Acres

    Property Features for 5461 Wesleyan Dr

    General Information

    Size
    1,200 SF
    Lot size
    7.70 Acres

    Source: Riddle Associates, Inc Agent Shannon Stidham

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

    Overview

    Retail Space Near Food Lion

    This retail space offers approximately 1,200 square feet. It is conveniently located at the corner of Wesleyan Drive and Diamond Springs Road. The location is 1.8 miles from the Norfolk Premium Outlets and I-64, and 1.9 miles from I-264. The surrounding area has a population of 48,606 within a 2-mile radius, encompassing 19,070 households. The property is near an anchor store, Food Lion, and other businesses including Golden City, Luxury Nails, Silver Fox Tobacco, and Cali Cut’s Hair Salon.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Golden City Chinese Restaurant Mac Kutz Barber Shop Food Lion Grocery Store SprinterBus.net Transportation Service King kong chinese Chinese Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -76.1706621
    Latitude
    36.8698752

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    FAQs

    What type of property is this?
    Retail space - Retail space available near Wesleyan Dr and Diamond Springs Rd.
    Where is this retail space located?
    The property is located at 5461 Wesleyan Dr Virginia Beach, VA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location at the corner of Wesleyan Dr. and Diamond Springs Rd., near Norfolk Premium Outlets, I-64, and I-264.; - High-traffic location with strong demographics: 19,070 households and a population of 48,606 within a 2-mile radius.; - Join established anchor store Food Lion and other businesses.
    (757) 256-7420
    Request Owner's contact information
    5461 Wesleyan Dr Virginia Beach, VA 23455
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    Virginia Beach, VA 23455
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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
    5461 Wesleyan Dr Virginia Beach, VA 23455
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