19th St & Pacific Ave Virginia Beach, VA 23451
Atlantic Park presents a unique investment opportunity in the heart of Virginia Beach's Oceanfront Resort area. This brand-new, two-story retail and restaurant building, completed in 2025, offers 230,000 square feet of space on a 10-acre site. The property boasts a single building with multiple suites, currently featuring 36,000 square feet of vacant space divisible into units as small as 1,000 square feet, with a maximum contiguous space of 36,000 square feet. The building includes elevators and is situated on Pacific Avenue, benefiting from high visibility and foot traffic. The property's zoning is designated as Oceanfront Resort, reflecting its prime location within a vibrant mixed-use development. This development includes a wave garden, a 3,500-capacity entertainment venue, and other experiential attractions, ensuring high traffic and diverse clientele. The property's APN numbers are 2427-17-0853, 2427-07-9524, 2427-17-0516, and 2427-17-2611. This is an exceptional opportunity to establish a presence in a dynamic and rapidly growing area of Virginia Beach. The building's modern design and prime location make it ideal for a variety of retail and restaurant concepts. The large contiguous space allows for flexibility in tenant configuration, catering to both large and small businesses. Don't miss this chance to be part of a thriving oceanfront destination.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.