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Financial
Distress signals
Property profile

1120 First Colonial Rd Virginia Beach, VA 23454

OFF-MARKET
Office Spaces
22,290 SF 2.19 ac lot Built 1970
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Property summary

AI-generated overview

This exceptional two-story medical office building, situated at 1120 First Colonial Road in Virginia Beach, VA, presents a compelling investment opportunity. The 22,290 square foot building, constructed in 1970, features a durable concrete, CMU block, brick, and steel structure. Occupancy currently stands at a strong 92.2%. The property sits on a generous 2.19-acre lot, offering ample space and parking for 129 vehicles. Its strategic location on a major medical corridor, in close proximity…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply35.5
Restaurant33.6
Auto Repair Shop29.2

Location

1120 First Colonial Rd Virginia Beach, VA 23454
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1148 1st Colonial, Virginia Beach, VA 23454-2426 $8,431,380 Mar 2024 36,896 SF
1800 Camelot Dr, Virginia Beach, VA 23454-2440 $13,750,000 Sep 2022 47,708 SF
1853 Old Donation, Virginia Beach, VA 23454-3004 $19,294,908 Jul 2021 34,159 SF
1801 Camelot, Virginia Beach, VA 23454-2401 $10,552,500 Jun 2021 46,984 SF
1849 Old Donation, Virginia Beach, VA 23454-3004 $1,300,000 Aug 2019 10,200 SF
1788 Republic, Virginia Beach, VA 23454-4552 $3,150,000 Feb 2019 18,598 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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