Financial
Distress signals
Property profile

1253 Nimmo Pkwy Virginia Beach, VA 23456

OFF-MARKET
Community centers
Property ID
US87-3735839
25,743 SF 2.67 ac lot Built 2010
Last sale Mar 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?

$41k
Tax billed · 2024
Assessed value$4.10M
Assessed land$2.22M
Assessed improvement$1.89M
Effective rate0.99%
Value estimate · Sep 2026
$3.14M
$2.83M – $3.45M
CAP approach$3.33M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$353/SF
Submarket average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$152 – $660
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: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel7.8
Electronics Store7.5
Computer & Electronic Repair8.7

Location

1253 Nimmo Pkwy Virginia Beach, VA 23456-7782
County assessor Recorded deeds · 2 transfers 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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