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    3244 Holland Rd Virginia Beach, VA 23453

    For Sale
    $1,500,000

    Two Pad Sites, Ready to Build

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1.648-acre commercial land parcel in Virginia Beach, VA, presents a prime development opportunity. Located at 3244 Holland Rd, zip code 23453, this property boasts a highly desirable B-2 zoning designation, permitting a variety of retail and office uses. The site is ideally situated in a thriving area, shadow-anchored by a grocery store and benefiting from the presence of both national and local tenants. Infrastructure is already in place, with utilities stubbed to the pad and a complete stormwater management system. This turnkey opportunity allows for immediate development, eliminating significant upfront costs and delays. The expansive lot size offers considerable flexibility, capable of accommodating a single building of approximately 17,000 square feet or two buildings of roughly 8,700 square feet each. This is an excellent investment prospect in a strong income area, poised for significant return. The asking price for this ready-to-build commercial land is $1,500,000. Don't miss this chance to capitalize on this exceptional location and build your vision.

    Property Features for 3244 Holland Rd

    General Information

    Property type
    Individual retail properties
    Lot Size
    71,787 SF

    HighLights

    • Grocery‑anchored shopping center.
    • National and local tenants in place.
    • High‑growth area with strong income demographics.
    • 1.648‑acre site.
    • Utilities stubbed to the site.
    • Existing stormwater management system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM (ATM Link, ... Atm The Strand Shopping Center Business Center skyvision insurance agency Insurance Agency Grace Nails&Day Spa Nail Salon Prince Tea House Tea House

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -76.08183
    Latitude
    36.7966638

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    FAQs

    What type of property is this?
    Individual retail property - Two Pad Sites, Ready to Build
    Where is this individual retail property located?
    The property is located at 3244 Holland Rd Virginia Beach, VA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Grocery-anchored shopping center.; National and local tenants in place.; High-growth area with strong income demographics.
    (757) 282-6510
    Request Owner's contact information
    3244 Holland Rd Virginia Beach, VA 23453
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    Virginia Beach, VA 23453
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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
    3244 Holland Rd Virginia Beach, VA 23453
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