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    485 S Independence Blvd Virginia Beach, VA 23452

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    For Lease
    $19 SF/Yr ($962 /Mo)

    Retail space with great visibility near Mount Trashmore.

    Property size:
    600 SF
    Lot size:
    2.54 Acres

    Property Features for 485 S Independence Blvd

    General Information

    Size
    600 SF
    Lot size
    2.54 Acres

    Source: Pembroke Realty Group Agent Lenny Burns

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

    Overview

    Retail Space Near Mount Trashmore

    This 600-square-foot retail space is located in a mixed retail and office complex near Mount Trashmore and the Virginia Beach Central Business District. The space is currently configured as a hair salon, with room for five chairs, hook-ups for three shampoo bowls, a nail tech room, and washer and dryer hook-ups. It also includes two restrooms. The property benefits from great visibility and easy access via Independence Boulevard or the back entrance on Edwin Drive. It is approximately one-half mile from I-264 at the South Independence Boulevard exit. Monument signage is available. Water and sewer are available for a flat fee of $100 per month.
    Location Intelligence

    Current Use by Public Records

    At The Altar Ministries Religious Organization LZ Tequila Jalisco Mexican Restaurant Center of Hope Church Non-Denominational Church North Star Journeys ... Wellness Center Renee Brush Psychologist

    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
    -76.131926
    Latitude
    36.826251

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    FAQs

    What type of property is this?
    Retail space - Retail space with great visibility near Mount Trashmore.
    Where is this retail space located?
    The property is located at 485 S Independence Blvd Virginia Beach, VA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: - Established hair salon space with **5 chair capacity, multiple hook-ups, and dedicated nail tech room.**; - **High visibility location** in a mixed retail/office complex.; - Convenient access via Independence Blvd. and Edwin Drive, near I-264.
    (757) 490-3141
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    485 S Independence Blvd Virginia Beach, VA 23452
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    Virginia Beach, VA 23452
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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
    485 S Independence Blvd Virginia Beach, VA 23452
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