Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1608 Pleasure House Rd Virginia Beach, VA 23455

FOR LEASE
Community centers
Property ID
US87-1290863
13,808 SF 1.45 ac lot Built 1988
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1608 Pleasure House Rd, Virginia Beach, VA 23455 For Lease
$1,100/Mo 1,100 SF available
1608 Pleasure House Rd, Virginia Beach, VA 23455
View Listing

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?
$17k
Tax billed · 2024
Assessed value$1.69M
Assessed land$775k
Assessed improvement$913k
Effective rate0.99%

Value estimate

· Nov 2026
$1.56M
$1.40M – $1.72M
CAP approach$1.82M
NOI build-up
Gross scheduled income$17k
Vacancy & credit loss−$703
Operating expenses−$5k
NOI · 1,047.27% cap applied$12k

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?
1,047.27%
$12k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B2
The purpose of the B-2 Community Business District is to provide land needed for community wide business establishments. This district is...
General categoryCOMMERCIAL
JurisdictionVIRGINIA BEACH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm26.6
Dental Office16.7
Building Supply15.5

Location

1608 Pleasure House Rd Virginia Beach, VA 23455
County assessor Recorded deeds · not on file Qualifying 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
928 Diamond Spgs, Virginia Beach, VA 23455-6601 $12,000,000 Sep 2024 65,716 SF
4701 Shr, Virginia Beach, VA 23455-2891 $1,064,800 Sep 2021 13,510 SF
1012 Fallbrook, Virginia Beach, VA 23455-7102 $1,900,000 Aug 2019 20,612 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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