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    1096 Virginia Beach Blvd Virginia Beach, VA 23451

    For Lease
    Contact for pricing

    Oceanfront Resort Zoning, 1 Acre Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1.087-acre commercial land parcel presents a unique investment opportunity in the heart of Virginia Beach, VA. Located at 1096 Virginia Beach Boulevard (Northeast Corner), this single-tenant property boasts an enviable location, offering immediate proximity to the Virginia Beach Convention Center and adjacency to the Virginia Beach Sports Complex. The property's OR (Oceanfront Resort) zoning unlocks a wide range of development possibilities, catering to diverse commercial ventures. The expansive lot size provides ample space for construction, ensuring flexibility in design and functionality. With its strategic location and high-demand zoning, this property is ideally suited for businesses seeking high visibility and convenient access to major attractions and transportation routes. The address is 1096 Virginia Beach Blvd, Virginia Beach, VA 23451. This is a rare opportunity to acquire a significant commercial land holding in a thriving coastal city. The property's location offers unparalleled access to a large and diverse population base, making it an attractive proposition for a variety of commercial uses. The site's proximity to the convention center and sports complex further enhances its appeal, providing potential for synergistic business opportunities. Serious inquiries are encouraged to explore the full potential of this exceptional property.

    Property Features for 1096 Virginia Beach Blvd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available Space
    Size
    0 SF

    HighLights

    • Signalized Intersection
    • 1.2 miles from the Virginia Beach Oceanfront
    • Ideal corner lot for retail, office, restaurants, or convenience stores
    • AICUZ: > 75 DNL
    • ±1.087‑acre lot
    • $1,113,400 Land Assessment
    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
    -75.9957391
    Latitude
    36.8420776

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    FAQs

    What type of property is this?
    Land - Oceanfront Resort Zoning, 1 Acre Lot
    Where is this land located?
    The property is located at 1096 Virginia Beach Blvd Virginia Beach, VA.
    What are key features of this property?
    This property features: Signalized Intersection; 1.2 miles from the Virginia Beach Oceanfront; Ideal corner lot for retail, office, restaurants, or convenience stores
    Request Owner's contact information
    1096 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
    1096 Virginia Beach Blvd Virginia Beach, VA 23451
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