Financial
Distress signals
Property profile

880 Military Hwy Virginia Beach, VA 23464

OFF-MARKET
Community centers
Property ID
US87-0659790
9,537 SF 12.73 ac lot Built 1966
Last sale Feb 2022 · $2,930,000
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

The property is a retail space configured as a single unit with approximately 7,344 square feet of interior area.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$48k
Tax billed · 2024
Assessed value$4.87M
Assessed land$3.60M
Assessed improvement$1.28M
Effective rate0.99%

Value estimate

· Sep 2026
$2.67M
$2.40M – $2.94M
AI approach$2.15M
CAP approach$2.15M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$353/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$152 – $660

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.6
Law Firm22.6
Dental Office20.0

Location

880 Military Hwy Virginia Beach, VA 23464-3521
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

5 recorded sales · 16 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5232 Providence, Virginia Beach, VA 23464-4202 $1,626,000 Apr 2024 5,648 SF
772 Lord Dunmore, Virginia Beach, VA 23464-2662 $1,100,000 Feb 2024 16,972 SF
5318 Providence, Virginia Beach, VA 23464-4102 $1,464,500 Jun 2023 13,406 SF
1830 Kempsville, Virginia Beach, VA 23464-6860 $9,823,000 Jul 2022 13,580 SF
5060 Ferrell, Virginia Beach, VA 23464-8867 $7,605,634 Jun 2020 15,055 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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