Technical
Financial
Distress signals
Property profile

2088 Independence Blvd Ste 100 Virginia Beach, VA 23453

OFF-MARKET
Community centers
Property ID
US87-0646331
7,488 SF 0.94 ac lot Built 1998
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1998
Construction TYPE NOT SPECIFIED
Total area 7,488 SF
Lot 0.94 ac (40,844 SF)
Zoning code PDH1
APN 14852526370000
UPID US87-0646331

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2088 Independence Blvd Ste, Unit 100 Virginia Beach, VA 23453-4790
Virginia Beach metro Census 46013 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
$400k
Blend (final) Blend
$590k

Owner & transaction history

since 2015
3 recorded transactions
2015
$2.2M
2014
Price N/A
2004
Price N/A

Zoning & alternative use

PDH1 · Virginia Beach, VA
Zoning description

It is the intent not to create additional PD-H1 Districts, or to enlarge the limits of existing PD-H1 Districts. It is only the intent of this article to recognize those areas currently developed, being developed, or pro…

General category PLANNED_DEVELOPMENT

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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