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    Property profile & analytics

    1253 Jensen Dr Ste, Unit 102 Virginia Beach, VA 23451-5887

    • Industrial properties
    • 2,262 SF
    OFF-MARKET
    Value Estimation
    $1,725,000
    Last Sale
    Nov 03, 2021
    $1,550,000
    Location Intelligence
    Property ID
    US87-0836110
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 1253 Jensen Dr Ste

    Year built
    2001
    Construction
    TYPE NOT SPECIFIED
    Property size
    2,262 SF
    Zone code
    B4
    Property type
    Industrial properties
    APN
    24173267698102
    APU
    24173267698102

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,830,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,455,000
      6.5%
      $1,685,000
      7%
      $1,595,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,545,000
      Geo Method
      $1,595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,325,000
      Retail
      $1,670,000
      Mixed-Use
      $1,635,000
      Hospitality
      $1,210,000
      Educational
      $1,325,000
      Residential Income
      $1,310,000
      Energy
      $1,360,000
      Income-Based Land
      $1,530,000
      Food Service
      $1,205,000

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach City
    State
    Virginia
    Longitude
    -76.0026
    Latitude
    36.8344
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,457
    $52,400
    $200,900
    $253,300
    -
    $52,400
    $200,900
    $253,300

    Comparable in this City

    • Value Estimation by Request
      29,927 SF

      545 Birdneck Rd Ste, Unit 202

      INDUSTRIAL (GENERAL) • 29,927 SF
      545 Birdneck Rd Ste, Virginia Beach, VA 23451-5891
      View Details
    • Value Estimation
      $150,000
      1,140 SF

      1244 Jensen Dr Ste, Unit 102

      CONDOMINIUMS (INDUSTRIAL) • 1,140 SF
      1244 Jensen Dr Ste, Virginia Beach, VA 23451-5895
      View Details
    • Value Estimation
      $370,000
      1,196 SF

      8404 Ocean Front Ave, Unit A

      INDUSTRIAL (GENERAL) • 1,196 SF
      8404 Ocean Front Ave, Virginia Beach, VA 23451-1834
      View Details
    • Value Estimation
      $275,000
      6,000 SF

      1228 Jensen Dr Ste, Unit 101

      CONDOMINIUMS (INDUSTRIAL) • 6,000 SF
      1228 Jensen Dr Ste, Virginia Beach, VA 23451-5886
      View Details
    • Value Estimation
      $340,000
      6,650 SF

      609 Jack Rabbit Rd Ste, Unit 102

      INDUSTRIAL (GENERAL) • 6,650 SF
      609 Jack Rabbit Rd Ste, Virginia Beach, VA 23451-6108
      View Details
    • Value Estimation
      $325,000
      988 SF

      1145 Jensen Dr

      CONDOMINIUMS (INDUSTRIAL) • 988 SF
      1145 Jensen Dr, Virginia Beach, VA 23451
      View Details

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    Similar Nearby for Lease

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      Office/warehouse flex facility in Virginia Beach for lease.
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      View Details
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      Versatile Flex Space in Virginia Beach

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      Flex office/warehouse suite for lease with convenient highway access.
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      Virginia Beach Flex/Industrial Space

      Flex/Industrial space available for lease in Virginia Beach, VA.
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      View Details
    • Contact for pricing

      Prime Virginia Beach Commercial Land

      0.647 Acres, B-2 Zoning, For Lease
      1101 Virginia Beach Blvd, Virginia Beach, VA 23451
      View Details
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    Virginia Beach, VA 23451-5887
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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