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    1495 General Booth Blvd Virginia Beach, VA 23454

    For Lease
    $1,950,000

    Restaurant space with upgrades, close to military bases and attractions.

    Property size:
    4,198 SF
    Lot size:
    0.94 Acres

    Property Features for 1495 General Booth Blvd

    General Information

    Size
    4,198 SF
    Lot size
    0.94 Acres

    Source: Colliers | Norfolk Agent Tyler Brooks

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

    Overview

    Former Restaurant Space Available

    This 4,198 square foot space is a former restaurant location that was in operation for 21 years. The property includes restaurant upgrades such as a hood, walk-ins, and a grease trap. It also features a pylon sign and outdoor seating. The location is near military bases, major shopping hubs, municipal centers, the oceanfront, and tourist attractions. Area traffic generators include Oceana Naval Air Station, Camp Pendleton, Virginia Aquarium & Marine Science Center, Red Mill, and the Virginia Beach Courthouse & Municipal Center. The property is suitable for restaurants and retail properties.
    Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm

    Suggested Use

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

    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
    -75.9983201
    Latitude
    36.7888939

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space with upgrades, close to military bases and attractions.
    Where is this restaurant located?
    The property is located at 1495 General Booth Blvd Virginia Beach, VA.
    What are key features of this property?
    This property features: - High-traffic location near Oceana Naval Air Station, Camp Pendleton, Virginia Aquarium, and Virginia Beach Courthouse & Municipal Center.; - Restaurant upgrades including **hood, walk-ins, and grease trap**.; - Close proximity to military bases, major shopping, municipal centers, oceanfront, and tourist attractions.
    (757) 490-3300
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    1495 General Booth Blvd 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
    1495 General Booth Blvd Virginia Beach, VA 23454
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