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Property profile & analytics
FOR LEASE
Warehouses

1129 Virginia Beach Blvd Virginia Beach, VA 23451

2,310 SF 4.84 ac lot Built 1975
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US87-3582862
1129 Virginia Beach Blvd, Virginia Beach, VA 23451 For Lease
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1129 Virginia Beach Blvd, Virginia Beach, VA 23451
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1975
Construction FRAME
Total area 2,310 SF
Lot 4.84 ac (210,830 SF)
Zoning code B2
APN 24174556920000
UPID US87-3582862
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
1129 Vb Boulevard LLC · 2 yrs held
1129 Vb Boulevard LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
B2 · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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