Technical
Financial
Distress signals
Property profile

172 Plz Trl Ste A Virginia Beach, VA 23452

OFF-MARKET
Community centers
Property ID
US87-3870709
17,730 SF 1.58 ac lot Built 1966
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1966
Construction TYPE NOT SPECIFIED
Total area 17,730 SF
Lot 1.58 ac (68,738 SF)
Zoning code B2
APN 14878268230000
UPID US87-3870709

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
  • Bar & Pub Restaurant
  • Auto Parts Store
  • Shopping Center & Mall
  • Courier Service Postal Service
  • Hair Salon Nail Salon

Location

172 Plz Trl Ste A Virginia Beach, VA 23452-5500
Virginia Beach metro Census 42802 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.93M

Owner & transaction history

since 2007
3 recorded transactions
2021
Price N/A
2007
$1.1M
1969
Price N/A

Zoning & alternative use

B2 · Virginia Beach, VA
Zoning description

The purpose of the B-2 Community Business District is to provide land needed for community wide business establishments. This district is intended for general application in the city. It is intended that, by the creation…

General category COMMERCIAL

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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