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Financial
Distress signals
Property profile

5716 Southern Blvd Ste 102 Virginia Beach, VA 23462

OFF-MARKET
Other warehouses
Property ID
US87-1265835
15,405 SF 0.99 ac lot Built 1975
Last sale Feb 2022 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This flex property contains approximately 15,315 square feet total, consisting of an approximately 10,801 square foot warehouse area and an approximately 4,514 square foot office area. It is located in the Southside area of Hampton Roads, within a mile of Interstates I-264 and I-64, and near commercial amenities along Virginia Beach Boulevard and the Town Center in Virginia Beach. The site provides free surface parking and includes a fenced rear lot. The building and monument signage are…

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 · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$899k
Assessed land$315k
Assessed improvement$584k
Effective rate0.97%

Value estimate

· Oct 2026
$1.55M
$1.40M – $1.71M
AI approach$1.57M
CAP approach$2.04M
Submarket $/SF estimate$1.41M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$143/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$89 – $313
Qualifying comparables3

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

What can be built here?
R40
The R-40 Residential District provide for larger minimum lot sizes for use in areas where lower residential densities are necessary to ad...
General categoryRESIDENTIAL
JurisdictionVIRGINIA BEACH CITY

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 Supply26.8
Restaurant23.1
Wholesale Shop21.4

Location

5716 Southern Blvd Ste, Unit 102 Virginia Beach, VA 23462-2484
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales Zoning catalog

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
5792 Arrowhead, Virginia Beach, VA 23462-3219 $1,250,000 Mar 2023 11,907 SF
120 Jersey, Virginia Beach, VA 23462-2508 $1,375,000 Dec 2022 13,054 SF
4987 Cleveland St, Virginia Beach, VA 23462-5315 $1,750,000 Sep 2022 14,220 SF
5241 Cleveland St, Virginia Beach, VA 23462-6548 $1,950,000 Apr 2022 10,912 SF
5250 Challedon, Virginia Beach, VA 23462-6304 $1,300,000 Jan 2022 15,600 SF
4901 Cleveland, Virginia Beach, VA 23462-5320 $3,970,000 Jun 2021 15,676 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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