Individually Owned Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1950
Construction
FRAME
Total area
1,457 SF
Lot
2207.44 ac (96,156,086 SF)
Zoning code
I2
APN
14697928600000
UPID
US87-0888635
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$350k
Owner & transaction history
Zoning & alternative use
I2 · Virginia Beach, VA
Zoning description
The purpose of the I-2 Heavy Industrial District is to permit industrial operations, wholesaling, warehousing and distribution in areas suitable for these functions.
General category
INDUSTRIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$350k
Value range
$315k – $385k
±10% around blend
Estimated value / SF
$240 / SF
Confidence
High
8 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
80
$315k
blend $350k
$385k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,457 SF
Lot area
2207.44 ac
Year built
1950
Stories
1
APN
14697928600000
Zoning
I2
Assessed value
$1,814,557,700
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$141k
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.1 mi away · 1,202 SF
14.2 mi away · 1,507 SF
15.8 mi away · 1,872 SF
16.1 mi away · 1,894 SF
19.3 mi away · 1,760 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$350k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 56 sales
$343
-30%
County 56 sales
$343
-30%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $240/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.81B
Move the market yield to see immediate price impact.
Value / SF
$1,245,407
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$114.32M
$2.29B
$1.63B
$1.27B
$127.02M
$2.54B
$1.81B
$1.41B
$139.72M
$2.79B
$2.00B
$1.55B
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$60k
10.8 mi · Jan 2026 · $43/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$1,814,557,700
Assessed 2024
Previous assessed
$1,814,557,700
+0.0% YoY
Assessed land
$114,557,700
Assessed improvement
$1,700,000,000
Land market value
$114,557,700
Improvement market value
$1,700,000,000
Total market value
$1,814,557,700
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
1,457 SF
Lot
2207.44 ac (96,156,086 SF)
Zoning code
I2
APN
14697928600000
UPID
US87-0888635
Jurisdiction
VIRGINIA BEACH CITY
Zoning & alternative use
I2 · Virginia Beach, VAZoning I2 · permitted uses
I2 · Virginia Beach, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of the I-2 Heavy Industrial District is to permit industrial operations, wholesaling, warehousing and distribution in areas suitable for these functions.
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
2207.44 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
I2
INDUSTRIAL
Jurisdiction
Virginia Beach, VA
Recorded code
I2
Official district
I2
Official district profile
What the municipal code says about I2
Zoning description
The purpose of the I-2 Heavy Industrial District is to permit industrial operations, wholesaling, warehousing and distribution in areas suitable for these functions.
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I2 in Virginia Beach, VA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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