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    Sandbridge Rd And Princess Anne Rd Virginia Beach, VA 23464

    For Sale
    Contact for pricing

    Three office pads, O-2 zoning, high traffic area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional commercial land opportunity presents three buildable office pads, ideally situated at the intersection of Sandbridge Road and Princess Anne Road in Virginia Beach, VA, zip code 23464. The property boasts a flexible lot size ranging from 1.46 to 14.54 acres and is zoned O-2, allowing for a variety of office development options. All public utilities are conveniently stubbed to the site, simplifying the construction process. This location benefits from exceptional visibility and accessibility, situated near established residential neighborhoods including Lago Mar, Sandbridge, Asheville Park, Heritage Park, and Red Mill. The high traffic volume of Princess Anne Road, boasting 19,936 vehicles per day (according to ESRI data from 2022), ensures significant exposure for any business established here. The area already features a thriving commercial landscape, with current tenants including Tractor Supply, Primrose School, CHKD, Anytime Fitness, Anderson's Garden Center, Food Lion, and Albano Cleaners, demonstrating the strong demand and established presence of businesses in this location. This prime location offers a unique opportunity for developers seeking to capitalize on the high traffic counts and strong residential base in this desirable Virginia Beach area.

    Property Features for 0 Sandbridge Rd And Princess Anne Rd

    General Information

    Property type
    Land
    Lot Size
    63,598 SF

    HighLights

    • Office sites for sale at Sandbridge Rd & Princess Anne Rd intersection.
    • O‑2 zoning.
    • Fully improved with utilities.
    • Excellent access to major residential areas (Lago Mar, Sandbridge, Asheville Park, Heritage Park, Red Mill).
    • High traffic count: 19,936 vehicles per day (Princess Anne Rd, ESRI 2022).
    • Strong tenant roster: Tractor Supply, Primrose School, CHKD, Anytime Fitness, Anderson's Garden Center, Food Lion, Albano Cleaners.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Virginia Beach
    County
    Virginia Beach city
    State
    Virginia
    Longitude
    -76.1899661
    Latitude
    36.7973473

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    FAQs

    What type of property is this?
    Land - Three office pads, O-2 zoning, high traffic area.
    Where is this land located?
    The property is located at Sandbridge Rd And Princess Anne Rd Virginia Beach, VA.
    What are key features of this property?
    This property features: Office sites for sale at Sandbridge Rd & Princess Anne Rd intersection.; O-2 zoning.; Fully improved with utilities.
    Request Owner's contact information
    Sandbridge Rd And Princess Anne Rd Virginia Beach, VA 23464
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    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
    Sandbridge Rd And Princess Anne Rd Virginia Beach, VA 23464
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