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    4740 Baxter Rd Virginia Beach, VA 23462

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    For Lease
    Contact for pricing

    Retail space less than one mile from Virginia Beach Town Center.

    Property size:
    1,500 SF
    Lot size:
    4.66 Acres

    Property Features for 4740 Baxter Rd

    General Information

    Size
    1,500 SF
    Lot size
    4.66 Acres

    Source: Cushman & Wakefield | Thalhimer - Virginia Beach Agent Clay Willis

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

    Overview

    Retail Space Near Town Center

    This retail space is located less than one mile from Virginia Beach Town Center, the premier Central Business District in Virginia Beach, and is situated approximately one-half mile from I-264, just off Independence Boulevard. The property benefits from a dedicated turn lane, pylon sign, and a signalized intersection. It offers 126 feet of frontage on Baxter Road and includes a monument signage opportunity. The location provides exposure to high traffic volumes, with over 27,000 vehicles per day on Baxter Road, 77,000 vehicles per day on South Independence Boulevard, and more than 202,000 vehicles per day on I-264. The property offers approximately 1500 square feet of retail space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hampton Roads Veterinary ... Veterinarian Extra Space Storage Self-Storage Facility Justin Quail Chiropractor Morgan Joe Chiropractor

    Suggested Use

    Restaurant Realty agency 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
    -76.1412754
    Latitude
    36.8299568

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    FAQs

    What type of property is this?
    Retail space - Retail space less than one mile from Virginia Beach Town Center.
    Where is this retail space located?
    The property is located at 4740 Baxter Rd Virginia Beach, VA.
    What are key features of this property?
    This property features: - Less than one mile from Virginia Beach Town Center.; - High traffic exposure: 27,000 vpd on Baxter Road, 77,000 vpd on S. Independence Boulevard, and 202,000 vpd on I-264.; - ½ Mile from I-264 just off Independence Boulevard.
    (757) 633-9989
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    Virginia Beach, VA 23462
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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
    4740 Baxter Rd Virginia Beach, VA 23462
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