1129 Virginia Beach Blvd Virginia Beach, VA 23451
For Lease
This exceptional commercial land parcel, located at 1129 Virginia Beach Boulevard in Virginia Beach, VA 23451, presents a unique investment opportunity. The property is designated as single-tenant land, ideal for a variety of commercial ventures. Its strategic location offers excellent visibility and accessibility, situated near the oceanfront in a vibrant and growing area of Virginia Beach. The property's address is easily identifiable and accessible from a major thoroughfare. The site is ready for development, providing a blank canvas for a new commercial building or expansion. With a potential annual income of $40,000, this land offers a strong return on investment. The property's latitude and longitude coordinates are 36.8415061 and -75.9982745 respectively. This is a rare chance to acquire a prime commercial site in a highly desirable location, offering significant potential for growth and profitability. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The property is classified as commercial land for single-tenant occupancy. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B2 · Virginia Beach, VAVirginia Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.