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    Property profile & analytics

    818 Newtown Rd Virginia Beach, VA 23462

    • Office Properties & Spaces
    • 1,456 SF
    • 0.19 lot acres
    For Sale
    View listing
    $95,000
    Value Estimation
    Location Intelligence
    Property ID
    US87-1832848
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Alison Barclift, SLP / Speech Pathologist
    • Dianne D. Epplein and Associates / Speech Pathologist / Physical Therapist
    • April Johnson / Occupational Therapist
    • Tammy R. Seymour, Cota / Occupational Therapist
    • Mc Atee Katherine K / Speech Pathologist

    Property Details for 818 Newtown Rd

    Lot size
    0.19 lot acres
    Property size
    1,456 SF
    Zone code
    B2
    Property type
    Office Properties & Spaces
    APN
    14684295179540
    APU
    14684295179540

    Description

    This exceptional 0.19-acre commercial land parcel is ideally situated in Virginia Beach, VA, at 818 Newtown Rd, zip code 23462. Its prime location offers unparalleled accessibility, boasting proximity to the major thoroughfares of I-264 and I-464, ensuring convenient transportation for businesses and employees. The property is designated as commercial land, presenting a unique opportunity for various development projects. The asking price for this strategically positioned lot is $95,000. This represents a compelling investment opportunity given its location and potential for future growth. The property's size, at 0.19 acres, provides a manageable scale for a range of commercial ventures. Further enhancing its appeal is a relatively low condo fee of $67.33. This cost-effective aspect contributes to the overall attractiveness of this investment. Serious inquiries are encouraged to explore the possibilities this exceptional Virginia Beach property offers. The property's coordinates are 36.8638953 latitude and -76.1686256 longitude. This information is provided for precise location identification and planning purposes. Don't miss this chance to acquire a valuable piece of commercial real estate in a thriving Virginia Beach location.

    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
    -76.1691
    Latitude
    36.8644
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,772
    $159,900
    $19,100
    $179,000
    -
    $159,900
    $19,100
    $179,000

    Comparable in this City

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      804 Newtown Rd

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    • Value Estimation
      $940,000
      11,952 SF

      800 Newtown Rd, Unit A

      CONDOMINIUM OFFICES • 11,952 SF
      800 Newtown Rd, Virginia Beach, VA 23462-1265
      View Details

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    818 Newtown Rd
    Virginia Beach, VA 23462
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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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