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    2993 Shore Dr Virginia Beach, VA 23451

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    For Sale
    Contact for pricing

    Freestanding building with four drive-thru lanes on Shore Drive.

    Property size:
    3,000 SF
    Lot size:
    0.58 Acres

    Property Features for 2993 Shore Dr

    General Information

    Size
    3,000 SF
    Lot size
    0.58 Acres

    Source: Colliers | Norfolk Agent Ned Brooks

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

    Overview

    Freestanding Building on Shore Drive

    This property fronts Shore Drive (Route 60), a primary gateway to the Virginia Beach Oceanfront and a major commuter route to and from I-64. Shore Drive runs along the Chesapeake Bay, offering opportunities for residential communities and high-rise dwellings. The location benefits from commuters, visitors, military personnel from Fort Story and Little Creek Amphibious Base, and local residents, providing a customer base for retailers, service providers, and restaurants. Some restaurants in this community are highly successful in the Hampton Roads area. The property is a free-standing building with four drive-thru lanes and two access points, plus two additional access points into the surrounding strip center. The property size is 3000 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    BB&T Loan Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -76.0759094
    Latitude
    36.910236

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    FAQs

    What type of property is this?
    Drive through restaurant - Freestanding building with four drive-thru lanes on Shore Drive.
    Where is this drive through restaurant located?
    The property is located at 2993 Shore Dr Virginia Beach, VA.
    What are key features of this property?
    This property features: - Prime location on Shore Drive (Route 60), a major gateway to Virginia Beach Oceanfront and commuter route.; - High customer base potential from commuters, visitors, military personnel, and local residents.; - Free-standing building.
    (757) 617-2222
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    2993 Shore Dr Virginia Beach, VA 23451
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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
    2993 Shore Dr Virginia Beach, VA 23451
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