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Property profile & analytics

889 Seahawk Cir Virginia Beach, VA 23452

  • Distribution centers
  • 122,678 SF
  • 11.32 lot acres
Value Estimation
$10,445,000
Last Sale
Nov 03, 2021
$9,200,000
Location Intelligence
Property ID
US87-1290430
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Kauffman Engineering / Manufacturer

Property Details for 889 Seahawk Cir

Year built
1986
Construction
TYPE NOT SPECIFIED
Lot size
11.32 lot acres
Property size
122,678 SF
Zone code
I1
Property type
Distribution centers
APN
14966458140000
APU
14966458140000

Description

This exceptional 29,545-square-foot warehouse, located at 889 Seahawk Circle in Virginia Beach, VA 23452, presents a significant leasing opportunity. Built in 1986, the property offers a versatile space ideal for various industrial uses. The entire building is currently vacant, providing immediate occupancy for a single tenant. The warehouse boasts impressive ceiling heights ranging from 16 to 26 feet, allowing for ample storage and operational flexibility. Loading and unloading are facilitated by three loading docks and one drive-in door. The property is equipped with robust 3-phase, 600-amp power, ensuring sufficient capacity for energy-intensive operations. Zoning is designated I-1 (Light Industrial), APZ 1, and is subject to a Navy Air Easement, which potential tenants should review and understand. Situated in Virginia Beach, this warehouse benefits from convenient access to major transportation routes and a skilled workforce. The property's size and features make it suitable for a wide range of industrial businesses seeking a substantial and well-equipped space. Interested parties should conduct their own due diligence regarding zoning regulations and easements. This is a rare opportunity to secure a large, fully vacant warehouse in a prime Virginia Beach location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $10,855,000
  • CAP approach

    CAP return
    Estimation
    6%
    $8,410,000
    6.5%
    $8,780,000
    7%
    $9,360,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $9,070,000
    Geo Method
    $9,685,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $9,355,000
    Retail
    $9,595,000
    Mixed-Use
    $9,525,000
    Hospitality
    $8,995,000
    Educational
    $8,345,000
    Residential Income
    $8,960,000
    Energy
    $7,585,000
    Income-Based Land
    $9,695,000
    Food Service
    $9,510,000

Location Insight

  • Map
  • Local Demand
City
Virginia Beach
County
Virginia Beach City
State
Virginia
Longitude
-76.0621
Latitude
36.8134
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$68,779
$974,900
$6,115,700
$7,090,600
-
$974,900
$6,115,700
$7,090,600
More about this property
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