2017 Independence Blvd Virginia Beach, VA 23455-2719
Property profile & analytics
2017 Independence Blvd, Virginia Beach, VA 23455-2719
- Office buildings
- 2,920 SF
- 0.42 lot acres
Property ID
US87-2304503
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
- Office buildings
Property Details for 2017 Independence Blvd
- Year built
- 1956
- Construction
- FRAME
- Lot size
- 0.42 lot acres
- Zone code
- B2
- Property type
- Office buildings
- APN
- 14790784760000
- APU
- 14790784760000
Description
This exceptional 2,920 square foot single-tenant office building is ideally situated in Virginia Beach, VA, at 2017 Independence Blvd, zip code 23455. The property is classified as a traditional office building and offers a versatile layout perfect for a variety of businesses. The space features an open reception area, providing a welcoming atmosphere for clients and visitors. Beyond the reception area, the building includes a sizable area suitable for meetings, storage, or additional office space. Several offices are already built out, offering immediate usability and minimizing upfront build-out costs. This location offers excellent accessibility and visibility, being in close proximity to the vibrant community business district. Its strategic position near Shore Drive and Northampton Boulevard ensures convenient access to major transportation routes and a wide range of amenities. Furthermore, the property benefits from its proximity to Joint Expeditionary Base Little Creek-Fort Story, making it an attractive option for businesses serving the military community or related industries. The building's single-tenant occupancy provides simplicity and control for the owner. This presents a rare opportunity to acquire a well-located, functional office building in a thriving Virginia Beach neighborhood. The property's features and location combine to create a compelling investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $535,000
- ML approach
- $535,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $690,000
- 6.5%
- $640,000
- 7%
- $590,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $583,000
- AI Estimate
- $379,000
Market price range: $355k - $777kMarket price range: $142k - $532k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $540,000 Current use
- RETAIL STORES
- $845,000 Change: +57% Conversion: Moderate
- MEDICAL BUILDING
- $685,000 Change: +28% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Virginia Beach
- County
- Virginia Beach City
- State
- Virginia
- Longitude
- -76.147
- Latitude
- 36.9047
- 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
$4,041
$237,800
$170,400
$408,200
-
$237,800
$170,400
$408,200
