Technical
Financial
Distress signals
Property profile

198 Independence Blvd Virginia Beach, VA 23462

OFF-MARKET
Drive through restaurants
Property ID
US87-2342436
3,521 SF 0.68 ac lot Built 2015
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2015
Construction FRAME
Total area 3,521 SF
Lot 0.68 ac (29,490 SF)
APN 14774258160000
UPID US87-2342436

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

198 Independence Blvd Virginia Beach, VA 23462-6718
Virginia Beach metro Census 45605 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
$613k
Blend (final) Blend
$505k

Owner & transaction history

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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