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    1808 Salem Rd Virginia Beach, VA 23456

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    For Sale
    $3,000,000

    Retail property available for sale in Virginia Beach, VA.

    Property size:
    14,364 SF
    Lot size:
    2.95 Acres

    Property Features for 1808 Salem Rd

    General Information

    Size
    14,364 SF
    Lot size
    2.95 Acres

    Source: Parker Burnell Real Estate Group Agent Jay Burnell

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

    Overview

    Retail Property in Virginia Beach

    This retail property, located in Virginia Beach, Virginia, offers 14,364 square feet of space. It is suitable for retail or other retail purposes.
    Insight Report Location Intelligence

    Current Use by Public Records

    LibertyX Bitcoin ATM Atm Margaret H. Walker, ... Pharmacy Western Union Money Transfer Service Coinhub Bitcoin ATM ... Atm Lee J. Euston, ... Pharmacy

    Suggested Use

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

    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
    -76.1214591
    Latitude
    36.7819438

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    FAQs

    What type of property is this?
    Retail property - Retail property available for sale in Virginia Beach, VA.
    Where is this retail property located?
    The property is located at 1808 Salem Rd Virginia Beach, VA.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - Retail property available.; - Located in Virginia Beach, VA.
    (757) 222-0111
    Request Owner's contact information
    1808 Salem Rd Virginia Beach, VA 23456
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    Virginia Beach, VA 23456
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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
    1808 Salem Rd Virginia Beach, VA 23456
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