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    Creek Way Virginia Beach, VA 23454

    • Land
    • 22.59 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Creek Way

    Lot size
    22.59 lot acres
    Property type
    Land

    Description

    This exceptional 22.59-acre waterfront property in Virginia Beach, VA, presents a unique development opportunity. Located on Creek Way, zip code 23454 (latitude 36.8799966, longitude -76.0389204), this expansive parcel boasts significant potential for various commercial ventures. The property is zoned B-4 and R5D, offering flexibility in development plans. With approximately 25 feet of water depth, it's ideally suited for projects requiring water access. All utilities are readily available to the site, simplifying infrastructure development. The property's APN numbers are 24178067480000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach City
    State
    Virginia
    Longitude
    -76.0389
    Latitude
    36.88

    Comparable in this City

    • Value Estimation by Request
      0.28 Acres

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    • Value Estimation by Request
      0.75 Acres

      1955 Laskin Rd

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    • Value Estimation by Request
      2.02 Acres

      1300 Perimeter Pkwy

      VACANT COMMERCIAL LAND • 2.02 Acres
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    • Value Estimation by Request
      0.51 Acres

      Virginia Beach, VA 23454

      VACANT COMMERCIAL LAND • 700 SF
      Virginia Beach, VA 23454
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    • Value Estimation by Request
      0.27 Acres

      Virginia Beach, VA 23454

      VACANT COMMERCIAL LAND • 400 SF
      Virginia Beach, VA 23454
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    • Value Estimation by Request
      0.28 Acres

      Virginia Beach, VA 23454

      VACANT COMMERCIAL LAND • 1,572 SF
      Virginia Beach, VA 23454
      View Details

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    Similar Nearby for Lease

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    Creek Way
    Virginia Beach, VA 23454
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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
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