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Financial
Distress signals
Property profile

477 Viking Dr Ste 110 Virginia Beach, VA 23452

OFF-MARKET
Office buildings
Property ID
US87-1150686
110,088 SF 6.93 ac lot Built 1998
Last sale Dec 2022 · $15,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a Class A office development comprising approximately 104,000 square feet of office space arranged over four stories. It includes a two-story atrium lobby with two fountains and an interior garden, and it provides finished ceiling heights of approximately nine feet. The building is equipped with fiber-optic communication lines. Site amenities include landscaped dual entrances, a lake with a fountain element, and courtyard seating. The location is approximately five miles from…

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?
$149k
Tax billed · 2024
Assessed value$15.05M
Assessed land$1.39M
Assessed improvement$13.66M
Effective rate0.99%

Value estimate

· Oct 2026
$14.13M
$12.72M – $15.54M
Submarket $/SF estimate$17.14M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$120 – $189

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?
I1
The purpose of the I-1 Light Industrial District is to permit light industrial uses, wholesaling, storage, packaging, distribution, and r...
General categoryINDUSTRIAL
JurisdictionVIRGINIA BEACH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon17.1
Skin Care Clinic15.7
Hotel & Motel14.9

Location

477 Viking Dr Ste, Unit 110 Virginia Beach, VA 23452-7349
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3420 Holland Rd, Virginia Beach, VA 23452-4868 $2,000,000 Dec 2024 15,106 SF
2697 Dean, Virginia Beach, VA 23452-7431 $3,600,000 Sep 2024 28,444 SF
516 Lynnhaven, Virginia Beach, VA 23452-6626 $1,075,000 Mar 2024 13,444 SF
100 Landmark, Virginia Beach, VA 23452-6822 $3,600,000 Mar 2023 20,230 SF
4560 Ss Blvd, Virginia Beach, VA 23452-1160 $4,500,000 Oct 2022 45,201 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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