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    4221 Pleasant Valley Rd Virginia Beach, VA 23464

    Sponsored
    For Lease
    $14 SF/Yr

    Virginia Beach Retail, Office Space - 1,750 SF

    Lot size:
    83,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail or office space, totaling 1,750 square feet, is part of the Pleasant Valley Market Place, a well-established 83,000 square foot shopping center situated on a 10-acre lot in the Salem area of Virginia Beach, VA. The property boasts a convenient location at the intersection of Pleasant Valley Road and Lynnhaven Parkway, directly across from Salem Middle and Salem High Schools, ensuring high visibility and foot traffic. The center is anchored by a Food Lion grocery store, providing a strong draw for customers. This space is ideal for a variety of businesses, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 1,750 square feet currently available. The property is zoned B-2, allowing for diverse commercial uses. The entire center has recently undergone renovations, enhancing its appeal and functionality. With easy access to major roadways and a prime location near schools, this space presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving community. The address is 4221 Pleasant Valley Rd, Virginia Beach, VA 23464. This 1,400 square foot space is ready for immediate occupancy.

    Property Features for 4221 Pleasant Valley Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    83,000 SF
    Total Rate
    96833.33

    Unit(s) available at that property

    Space
    suite 132
    Size
    1,750 SF
    Rate per SF
    $14

    HighLights

    • 1,750 SF retail/office suite available November 2023.
    • Lease rate: $14.00/SF, NNN.
    • Located in Pleasant Valley Market Place, an 83,000 SF shopping center in Virginia Beach, VA.
    • High visibility location at Pleasant Valley Rd & Lynnhaven Parkway, across from Salem Middle & High Schools.
    • Anchored by Food Lion grocery store.
    • Zoned B‑2.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cajun Seafood & Wings Seafood Restaurant SaigonOnePho Vietnamese Restaurant Tung Hoi Chinese ... Chinese Restaurant Mama Mia's Pizzeria ... Restaurant N T Nails Nail Salon

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    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
    -76.1516538
    Latitude
    36.7886141

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    FAQs

    What type of property is this?
    Individual retail property - Virginia Beach Retail, Office Space - 1,750 SF
    Where is this individual retail property located?
    The property is located at 4221 Pleasant Valley Rd Virginia Beach, VA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 1,750 SF retail/office suite available November 2023.; Lease rate: $14.00/SF, NNN.; Located in Pleasant Valley Market Place, an 83,000 SF shopping center in Virginia Beach, VA.
    Request Owner's contact information
    4221 Pleasant Valley Rd Virginia Beach, VA 23464
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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
    4221 Pleasant Valley Rd Virginia Beach, VA 23464
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