Property profile

1501 Premium Outlets Blvd Norfolk, VA 23502

OFF-MARKET
Drive through restaurants
Property ID
US87-3338188
4,921 SF 0.55 ac lot Built 2019
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2019
Total area 4,921 SF
Lot 0.55 ac (24,089 SF)
APN 80997630
UPID US87-3338188

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1501 Premium Outlets Blvd Norfolk, VA 23502-5526
Norfolk metro Census 980300 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$750k
Blend (final) Blend
$640k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

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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