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    Property profile & analytics

    1305 Oceana Blvd Virginia Beach, VA 23454-5508

    • Automotive properties
    • 3,904 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    $1,525,000
    Last Sale
    Mar 28, 2023
    $1,500,000
    Location Intelligence
    Property ID
    US87-1068517
    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

    • BayShore Used Auto Sales / Used Car Dealer
    • Best Buy Wheels / Car Dealer

    Property Details for 1305 Oceana Blvd

    Year built
    2007
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.86 lot acres
    Property size
    3,904 SF
    Zone code
    AG2
    Property type
    Automotive properties
    APN
    24154950660000
    APU
    24154950660000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,525,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,360,000
      6.5%
      $1,610,000
      7%
      $1,460,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,435,000
      Geo Method
      $1,550,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,375,000
      Retail
      $1,710,000
      Mixed-Use
      $1,710,000
      Hospitality
      $1,560,000
      Educational
      $1,420,000
      Residential Income
      $1,670,000
      Energy
      $1,490,000
      Income-Based Land
      $1,435,000
      Food Service
      $1,715,000

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach City
    State
    Virginia
    Longitude
    -76.0011
    Latitude
    36.7963
    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
    $12,001
    $526,900
    $685,300
    $1,212,200
    -
    $526,900
    $685,300
    $1,212,200

    Comparable in this City

    • Value Estimation
      $9,140,000
      8,700 SF

      2369 Virginia Bch Blvd

      VEHICLE SALES, RENTALS • 8,700 SF
      2369 Virginia Bch Blvd, Virginia Beach, VA 23454-4007
      View Details
    • Value Estimation by Request
      6,537 SF

      1765 Virginia Bch Blvd

      VEHICLE SALES, RENTALS • 6,537 SF
      1765 Virginia Bch Blvd, Virginia Beach, VA 23454-4527
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    • Value Estimation by Request
      3,660 SF

      1905 Laskin Rd

      VEHICLE SALES, RENTALS • 3,660 SF
      1905 Laskin Rd, Virginia Beach, VA 23454
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    • Value Estimation
      $360,000
      1,740 SF

      1852 Virginia Bch Blvd

      VEHICLE SALES, RENTALS • 1,740 SF
      1852 Virginia Bch Blvd, Virginia Beach, VA 23454-4417
      View Details
    • Value Estimation by Request
      4,055 SF

      1730 Virginia Bch Blvd

      VEHICLE SALES, RENTALS • 4,055 SF
      1730 Virginia Bch Blvd, Virginia Beach, VA 23454-4537
      View Details
    • Value Estimation
      $10,740,000
      31,728 SF

      1877 Laskin Rd, Unit 3

      VEHICLE SALES, RENTALS • 31,728 SF
      1877 Laskin Rd, Virginia Beach, VA 23454-4504
      View Details

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    Similar Nearby for Lease

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    • $17 SF/Yr
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      Retail Space on Oceana Boulevard

      Retail property with high traffic and excellent visibility for rent.
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      Retail space available in established Virginia Beach shopping center.
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    Virginia Beach, VA 23454-5508
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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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