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Financial
Distress signals
Property profile

4740 Baxter Rd Virginia Beach, VA 23462

OFF-MARKET
Other warehouses
Property ID
US87-1048756
32,191 SF 4.71 ac lot Built 1990
Last sale Aug 2024 · $8,200,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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 retail space located just off Independence Boulevard in Virginia Beach, approximately one-half mile from I-264 and less than one mile from Virginia Beach Town Center. It has dedicated vehicular access features including a dedicated turn lane, and it sits at a signalized intersection. The site provides approximately 126 feet of frontage on Baxter Road, with visibility supported by pylon signage and monument signage opportunities. The property consists of approximately 1,500 square feet of retail space.

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?
$79k
Tax billed · 2024
Assessed value$8.19M
Assessed land$2.42M
Assessed improvement$5.77M
Effective rate0.97%

Value estimate

· Oct 2026
$8.20M
$7.38M – $9.02M
AI approach$8.20M
Submarket $/SF estimate$10.09M

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?
B2
The purpose of the B-2 Community Business District is to provide land needed for community wide business establishments. This district is...
General categoryCOMMERCIAL
JurisdictionVIRGINIA BEACH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.3
Wholesale Shop12.3
Barber Shop12.2

Location

4740 Baxter Rd Virginia Beach, VA 23462-4484
County assessor Recorded deeds · 2 transfers 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
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
5250 Challedon, Virginia Beach, VA 23462-6304 $1,300,000 Jan 2022 15,600 SF
5469 Greenwich, Virginia Beach, VA 23462-6511 $4,340,000 Jul 2021 85,261 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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