Technical
Financial
Distress signals
Property profile

1916 Centerville Tpke Virginia Beach, VA 23464

OFF-MARKET
Drive through restaurants
Property ID
US87-0237512
1,451 SF 0.79 ac lot Built 2003
Entity Owned 7-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 2003
Construction FRAME
Total area 1,451 SF
Lot 0.79 ac (34,500 SF)
Zoning code B2
APN 14559105590000
UPID US87-0237512

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
  • Restaurant Take-out & Catering

Location

1916 Centerville Tpke Virginia Beach, VA 23464-6839
Virginia Beach metro Census 46222 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2013
$375,000
2012
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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