0 Sandbridge Rd And Princess Anne Rd Virginia Beach, VA 23464
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.
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.