Technical
Financial
Distress signals
Property profile

229 Town Ctr Dr 500 Virginia Beach, VA 23462

OFF-MARKET
Commercial real estate
Property ID
US87-0864069
462,076 SF Built 2002
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2002
Construction CONCRETE
Total area 462,076 SF
Zoning code B3A
APN 14775540310500
UPID US87-0864069

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
  • Car Wash

Location

229 Town Ctr Dr, Unit 500 Virginia Beach, VA 23462-3019
Virginia Beach metro Census 45603 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$64.03M
Blend (final) Blend
$63.04M

Owner & transaction history

Zoning & alternative use

B3A · Virginia Beach, VA

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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