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    OFF-MARKET
    Land

    449-465 Independence Blvd, Virginia Beach, VA 23462

    1.08 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.08-acre parcel, located at 449-465 South Independence Boulevard in Virginia Beach, VA 23462, presents a compelling investment opportunity. Boasting a highly desirable B2 zoning classification, this property offers significant development potential. Its strategic location provides excellent visibility and accessibility along South Independence Boulevard, a major thoroughfare with over 70,000 vehicles passing daily. The site's proximity to the Virginia Beach Town Center further enhances its appeal, placing it within a vibrant commercial hub. Less than a quarter-mile from I-264, this land benefits from exceptional connectivity to regional transportation networks. The surrounding area demonstrates impressive demographics, featuring a high population density, strong average household income, and a substantial number of households within a five-mile radius. This combination of prime location, favorable zoning, and robust market conditions makes this 1.08-acre lot an ideal platform for a variety of commercial ventures. The asking price for this exceptional property is $1,300,000. Don't miss this chance to acquire a highly sought-after commercial land asset in a thriving Virginia Beach location.

    Property profile
    Verified
    Property type Land
    Lot 1.08 ac (47,045 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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