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    Flex Condo with Office and Warehouse Title is generated by Realmo AI

    1728 Virginia Beach Boulevard, Virginia Beach, VA 23454

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    For Sale
    $599,000

    COMMERCIAL - Virginia Beach, VA

    Property size:
    3,700 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $161/SF
    Added:
    Mar 16, 2026
    Days on Market:
    88
    Last Refresh:
    Jun 11 at 8:06 am

    Property Features for 1728 Virginia Beach Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B2
    Standard status
    Active
    Size
    3,700 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1084

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1990

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    Listing Contact
    Jessica Haynes

    Listing agent Jessica Haynes

    Listing office Keller Williams Capital Props. 4031 University Dr. Ste 500, Washington, VA

    Listing date Mar 16, 2026

    MLS# 10625411

    Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3,700 SF flex condo with office space plus warehouse space
    • Includes 2 x 40‑ft warehouse doors and a bonus mezzanine
    • Roll‑up drive‑in door and plentiful on‑site parking
    • Two suites in the flex condo layout
    • Forced air heating and central air cooling
    • Built in 1990

    Overview

    This flex condo offers a practical office-in-front, work-in-back configuration designed to support day-to-day operations on-site. The space is sized at 3,700 SF and combines office room for front-of-house needs with warehouse functionality, including two 40-ft warehouse doors and a roll-up drive-in door for deliveries and loading. A bonus mezzanine adds additional usable space within the building layout, while the property is presented as two suites for flexible tenant or user arrangements.

    The property is located at 1728 Virginia Beach Boulevard in Virginia Beach, VA, and is zoned B2. The listing notes plentiful parking, which can be important for employees, customers, and service access. It also states the location is minutes from I-264 as well as the Oceanfront and Dam Neck, supporting convenient regional connectivity.

    For tenants or buyers seeking a single building that can handle both administrative and warehouse needs, this condo-style setup is intended to keep work close by. The presence of substantial door openings supports cargo movement, while the office component helps separate front work from warehouse activity. The two-suite configuration may be attractive for businesses that want dedicated space within the same overall facility.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $81.3k $21.96
    − Vacancy −$12.2k −$3.29
    EGI $69.1k $18.67
    − OpEx −$17.3k −$4.67
    NOI $51.8k $14.00
    3,700 SF · lease $21.96/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $740.0K
    $647.5K – $863.3K (±1% cap)
    NOI $51,798 @ 7.0% cap · market cap 8.65%
    Second Best
    Flex RnD
    $435.4K
    $381.0K – $507.9K (±1% cap)
    NOI $30,476 @ 7.0% cap · market cap 5.09%
    Theoretical Best
    Office A
    $935.9K
    $818.9K – $1.09M (±1% cap)
    NOI $65,513 @ 7.0% cap · market cap 10.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Resource Communications Inc Telecommunications Service VBMC - Virginia Beach ... Medical Clinic CoastalVA Realty Real Estate Agency Majorie Portable Toilet ... Building Supply Mr. Rooter Plumbing ... Plumbing Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • Baker's Crust Artisan Kitchen — 1628 Laskin Rd #704, Virginia Beach, VA 23451
    • Firehouse Subs Hilltop — 1577 Laskin Rd #101, Virginia Beach, VA 23454

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.0231148
    Latitude
    36.84397

    FAQs

    What type of property is this?
    Flex space - A flex condo combining office space with warehouse access, including 40-ft doors, mezzanine area, and drive-in roll-up entry.
    Where is this flex space located?
    The property is located at 1728 Virginia Beach Boulevard Virginia Beach, VA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: 3,700 SF flex condo with office space plus warehouse space; Includes 2 x 40‑ft warehouse doors and a bonus mezzanine; Roll‑up drive‑in door and plentiful on‑site parking
    More about this property
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