Financial
Distress signals
Property profile

5549 Virginia Bch Blvd Virginia Beach, VA 23462

OFF-MARKET
Grocery and convenience stores
Property ID
US87-1298235
3,002 SF 0.98 ac lot Built 1996
Last sale Jul 2023 · $2,800,000
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. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding gas and convenience store with fuel-service and convenience retail functions in a standalone commercial building totaling approximately 3,002 square feet. It is situated on a 1.184-acre site and has frontage on Virginia Beach Boulevard (Rt. 58). The location is between Grand Furniture Outlet and Public Storage, with regional access via I-64 to the west and I-264 to the south; Norfolk is approximately a 10-minute drive to the west and Sentara Leigh Hospital is approximately five minutes away.

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?
$18k
Tax billed · 2024
Assessed value$1.83M
Assessed land$1.29M
Assessed improvement$540k
Effective rate0.99%

Value estimate

· Sep 2026
$2.85M
$2.56M – $3.13M
AI approach$2.85M
Submarket $/SF estimate$3.30M

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

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
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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office19.6
Pharmacy16.5
Plumbing Service11.5

Location

5549 Virginia Bch Blvd Virginia Beach, VA 23462-5628
County assessor Recorded deeds · 3 transfers 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
601 Newtown, Virginia Beach, VA 23462-1652 $1,440,000 Feb 2023 2,562 SF
304 Kellam, Virginia Beach, VA 23462-2712 $1,020,000 Sep 2021 2,478 SF
200 Aragona, Virginia Beach, VA 23462-2754 $2,200,000 Dec 2020 3,128 SF
352 Newtown, Virginia Beach, VA 23462-1746 $385,000 Nov 2019 2,538 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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