1920 Centerville Tpke Virginia Beach, VA 23464
Property Lookup
Property profile & analytics
1920 Centerville Tpke Virginia Beach, VA 23464
- Grocery and convenience stores
- 54,780 SF
- 15.41 lot acres
Property ID
US87-0665718
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Fantasy Tattoo Company / Tattoo & Piercing Shop
- 3 Amigos Mexican Restaurant / Restaurant
- DIY Treasures & Gifts / (Bike/Boat/Book/etc) Store
- Utopia Restaurant & Lounge / Restaurant
- Centerville Tobacco & Vape / (Bike/Boat/Book/etc) Store
Property Details for 1920 Centerville Tpke
- Year built
- 1988
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 15.41 lot acres
- Property size
- 54,780 SF
- Zone code
- B2
- Property type
- Grocery and convenience stores
- APN
- 14559143450000
- APU
- 14559143450000
Description
This exceptional 152,314 square foot shopping center, situated at 1920 Centerville Turnpike in Virginia Beach, VA (zip code 23464), presents a compelling investment opportunity. Built in 1988 and zoned B-2, the property boasts 568 free surface parking spaces, ensuring ample convenience for customers. Currently, there are four available retail spaces ranging from 1,481 to 1,600 contiguous square feet, totaling 4,681 square feet of vacant space. The minimum divisible space is 1,481 square feet. Strategically located at the intersection of Centerville Turnpike and Kempsville Road, this center benefits from high visibility and accessibility. Its prime location is approximately one mile from Regent University and the Founders Inn Hotel and Conference Center, ensuring a robust customer base. Anchored by a Food Lion and Dollar General, this attractive community shopping center thrives in the heart of Kempsville, Virginia Beach's most densely populated submarket. This property offers a unique chance to establish or expand a business within a thriving retail environment. The property's strong location and established anchors make it an ideal investment for discerning buyers seeking a high-traffic retail space in a desirable area.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,560,000
- 6.5%
- $8,825,000
- 7%
- $8,195,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,751,000
Market price range: $1.83M - $7.80M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Virginia Beach
- County
- Virginia Beach City
- State
- Virginia
- Longitude
- -76.19
- Latitude
- 36.7791
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$102,398
$3,220,400
$7,122,800
$10,343,200
-
$3,220,400
$7,122,800
$10,343,200
