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    189-221 Central Park Ave Virginia Beach, VA 23462

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    For Lease
    Contact for pricing

    Prime retail space in a vibrant, high-traffic area.

    Property size:
    2,254 SF
    Lot size:
    0.57 Acres

    Property Features for 189-221 Central Park Ave

    General Information

    Size
    2,254 SF
    Lot size
    0.57 Acres

    Source: Divaris Real Estate - Hampton Roads Agent Gerald Divaris

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

    Overview

    Retail Space in Town Center

    This retail space is located within Town Center, a mixed-use development featuring 934 residences, The Westin and Hilton hotels, and the Sandler Center, a 1,300-seat performing arts theater. The property benefits from a large daytime population and approximately 450,000 square feet of leased retail space. Town Center is centrally located in Hampton Roads, the second-largest MSA in Virginia, with a population of almost 2 million. The location is approximately 11 miles from the Virginia Beach Oceanfront and Norfolk. The area has approximately 7,700 on-site daytime employees and students, and 24,600 workers within a mile of Town Center. The Sandler Center brings over 67,000 patrons to Town Center annually. Virginia Beach sees 13 million annual tourists.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Spa & Massage Realty agency Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Similar Places Nearby

    Town Center Plaza at Downtown, Town Center of Virginia Beach, Aragona Village Shoppes, The Town Center of Virginia Beach, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.1345242
    Latitude
    36.8422493

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    FAQs

    What type of property is this?
    Shopping center - Prime retail space in a vibrant, high-traffic area.
    Where is this shopping center located?
    The property is located at 189-221 Central Park Ave Virginia Beach, VA.
    What are key features of this property?
    This property features: - Located in Town Center, a vibrant mixed-use development.; - High daytime population with approximately 7,700 on-site employees/students.; - Central Hampton Roads location, the second largest MSA in Virginia.
    (757) 873-4700
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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
    189-221 Central Park Ave Virginia Beach, VA 23462
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