Realmo Analytics

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Property profile

1309 Virginia Bch Blvd Virginia Beach, VA 23454

OFF-MARKET
Other warehouses
Property ID
US87-1290624
10,000 SF 5.06 ac lot Built 2007
Last sale Aug 2021 · $2,100,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 2,400 sq. ft. Class A flex building with high-end interior finishes and a half-acre fenced and secured yard. The building provides 17-foot clear height and is configured as fully conditioned space. Interior layout includes two offices, a breakroom, and one restroom, with additional office space located on a second floor. The warehouse/flex portion is served by three 14-by-14-foot automatic grade-level doors. The property includes exterior signage opportunities on both the building and a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$1.37M
Assessed land$411k
Assessed improvement$959k
Effective rate0.97%

Value estimate

· Nov 2026
$880k
$792k – $968k
Submarket $/SF estimate$763k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$871/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$114 – $1,333
Qualifying comparables9

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?
I1
The purpose of the I-1 Light Industrial District is to permit light industrial uses, wholesaling, storage, packaging, distribution, and r...
General categoryINDUSTRIAL
JurisdictionVIRGINIA BEACH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant13.5
Pharmacy11.7
Electrical Service11.7

Location

1309 Virginia Bch Blvd Virginia Beach, VA 23454-4913
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales 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 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
572 Central Dr, Virginia Beach, VA 23454-5253 $2,100,000 Feb 2022 21,300 SF
541 Central Dr, Virginia Beach, VA 23454-5282 $5,100,500 Feb 2022 7,738 SF
545 Central Dr, Virginia Beach, VA 23454-5278 $5,100,500 Feb 2022 5,628 SF
543 Central Dr, Virginia Beach, VA 23454-5147 $5,100,500 Feb 2022 5,242 SF
317 Vlg, Virginia Beach, VA 23454-4374 $2,900,000 Jan 2022 19,844 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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