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    1129 Virginia Beach Blvd Virginia Beach, VA 23451

    For Lease
    Contact for pricing

    Prime Virginia Beach commercial lot, high income potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional commercial land parcel, located at 1129 Virginia Beach Boulevard in Virginia Beach, VA 23451, presents a unique investment opportunity. The property is designated as single-tenant land, ideal for a variety of commercial ventures. Its strategic location offers excellent visibility and accessibility, situated near the oceanfront in a vibrant and growing area of Virginia Beach. The property's address is easily identifiable and accessible from a major thoroughfare. The site is ready for development, providing a blank canvas for a new commercial building or expansion. With a potential annual income of $40,000, this land offers a strong return on investment. The property's latitude and longitude coordinates are 36.8415061 and -75.9982745 respectively. This is a rare chance to acquire a prime commercial site in a highly desirable location, offering significant potential for growth and profitability. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is classified as commercial land for single-tenant occupancy. Further details are available upon request.

    Property Features for 1129 Virginia Beach Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • 1.2 miles to the beach
    • Excellent visibility from high‑traffic road
    • 10,000 square feet of versatile space
    • Recently renovated interior with modern finishes
    • Ample on‑site parking available
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant 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 City
    State
    Virginia
    Longitude
    -75.9982745
    Latitude
    36.8415061

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    FAQs

    What type of property is this?
    Land - Prime Virginia Beach commercial lot, high income potential.
    Where is this land located?
    The property is located at 1129 Virginia Beach Blvd Virginia Beach, VA.
    What are key features of this property?
    This property features: 1.2 miles to the beach; Excellent visibility from high-traffic road; 10,000 square feet of versatile space
    Request Owner's contact information
    1129 Virginia Beach Blvd Virginia Beach, VA 23451
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    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
    1129 Virginia Beach Blvd Virginia Beach, VA 23451
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