Technical
Financial
Distress signals
Property profile

1525 Salem Rd P1 Virginia Beach, VA 23456

OFF-MARKET
Grocery and convenience stores
Property ID
US87-1224430
400 SF 9.94 ac lot Built 2001
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2001
Construction FRAME
Total area 400 SF
Lot 9.94 ac (432,986 SF)
Zoning code R75
APN 14757687710000
UPID US87-1224430

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Park Tourist Attraction
  • Dog Park

Location

1525 Salem Rd, Unit P1 Virginia Beach, VA 23456
Virginia Beach metro Census 46214 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

Zoning & alternative use

R75 · Virginia Beach, VA

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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