Financial
Distress signals
Property profile

530 Winston Salem Ave Virginia Beach, VA 23451

FOR LEASE
Turn key restaurants
Property ID
US87-0838181
3,042 SF 4.62 ac lot Built 1985
Last sale Sep 2022 · $8,400,000
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

Fisherman’s Wharf Marina, located at 530 Winston Salem Ave, Virginia Beach, VA 23451, presents a unique investment opportunity in the heart of the Shadowlawn neighborhood. This Class A retail property boasts a total of 10,088 square feet, currently entirely vacant and available for lease. Multiple tenancy options exist, with spaces ranging from a minimum of 1,895 square feet to a maximum contiguous space of 3,133 square feet. The property is ideally suited for food and beverage

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?
$53k
Tax billed · 2024
Assessed value$5.31M
Assessed land$3.66M
Assessed improvement$1.64M
Effective rate0.99%

Value estimate

· Sep 2026
$7.66M
$6.89M – $8.43M
AI approach$7.55M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$451/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$196 – $773

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?
B4
The purpose of the B-4 Mixed Use District is to provide for retail and commercial service facilities and residential uses, including high...
General categoryMIXED_USE
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 Firm12.8
Spa & Massage12.6
Hair Salon11.4

Location

530 Winston Salem Ave Virginia Beach, VA 23451
County assessor Recorded deeds · 2 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1609 Atlantic, Virginia Beach, VA 23451-3422 $12,800,000 Dec 2022 3,598 SF
1710 Pacific, Virginia Beach, VA 23451-3436 $2,400,000 Jan 2022 4,376 SF
208 Birdneck, Virginia Beach, VA 23451-5776 $1,377,500 Sep 2020 3,825 SF
1816 Atlantic, Virginia Beach, VA 23451-3309 $1,375,000 Jan 2020 2,500 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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