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Financial
Distress signals
Property profile

5253 Indian Riv Rd Virginia Beach, VA 23464

OFF-MARKET
Retail space
Property ID
US87-0780286
4,900 SF 0.54 ac lot Built 1981
Last sale Dec 2023 · $900,000
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. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 4,900-square-foot retail building located in Virginia Beach near the intersection of Indian River Road and Kempsville Road. It has a long-term history of retail use, having operated for approximately 20 years as an Enterprise Rent a Car location. The building is situated within a commercial corridor that includes national and regional retailers and restaurants such as 7-Eleven, Walgreens, Aldi, Applebee’s, Chick-fil-a, Planet Fitness, and Outback Steakhouse.

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?
$8k
Tax billed · 2024
Assessed value$790k
Assessed land$600k
Assessed improvement$190k
Effective rate0.99%

Value estimate

· Oct 2026
$915k
$824k – $1.01M
AI approach$930k
CAP approach$790k
Submarket $/SF estimate$1.15M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$289/SF
Submarket average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$187 – $372
Qualifying comparables6

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm37.3
Building Supply25.4
Hair Salon23.1

Location

5253 Indian Riv Rd Virginia Beach, VA 23464-6128
County assessor Recorded deeds · 1 transfer 6 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
853 Kempsville, Virginia Beach, VA 23464-2708 $3,777,500 Jul 2024 6,813 SF
5472 Indian Riv, Virginia Beach, VA 23464-5365 $1,802,058 Sep 2023 5,493 SF
916 Military, Virginia Beach, VA 23464-3512 $1,050,000 Aug 2023 3,270 SF
5048 Ferrell, Virginia Beach, VA 23464-8867 $14,200,000 Mar 2021 6,149 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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