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    572 Central Dr Virginia Beach, VA 23454

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    For Sale
    $2,975,000

    20,942 SF industrial flex building in Virginia Beach.

    Property size:
    20,942 SF
    Lot size:
    1.30 Acres

    Property Features for 572 Central Dr

    General Information

    Size
    20,942 SF
    Lot size
    1.30 Acres

    Source: CBRE | Norfolk Agent Jeff Parker

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

    Overview

    Industrial Flex Building For Sale

    This 20,942 square foot industrial flex building, featuring both office and warehouse space, is located in the Oceana East Industrial Park within the Lynnhaven submarket of Virginia Beach. Constructed in 1998, the property offers ingress and egress access points onto Central Drive and Quality Court. These access points provide direct connectivity to International Drive and London Bridge Road, facilitating convenient access to I-264.
    Location Intelligence

    Current Use by Public Records

    Dynamic Systems Integration Audio Visual Equipment Supplier HAZON Solutions, LLC Training Centre Ndillc Basgier & Associates Civil Engineer Earl Energy Engineer Operational Support Group Consultant

    Suggested Use

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

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

    Similar Places Nearby

    I Can Cook For You, LLC, Da Real Chef E

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.0594932
    Latitude
    36.820376

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    FAQs

    What type of property is this?
    Flex space - 20,942 SF industrial flex building in Virginia Beach.
    Where is this flex space located?
    The property is located at 572 Central Dr Virginia Beach, VA.
    What is the asking price?
    The asking price for this property is $2,975,000.
    What are key features of this property?
    This property features: - 20,942 SF industrial flex building offering office/warehouse space; - Located in the highly desirable Lynnhaven submarket in Virginia Beach; - Easy access to I-264
    (757) 478-9920
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    572 Central Dr Virginia Beach, VA 23454
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    Virginia Beach, VA 23454
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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
    572 Central Dr Virginia Beach, VA 23454
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