2293 Upton Dr Virginia Beach, VA 23454
Property profile & analytics
2293 Upton Dr, Virginia Beach, VA 23454
- Retail space
- 14,738 SF
- 1.68 lot acres
Property ID
US87-3981215
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
- Rite Aid / Pharmacy
- James Baccellieri / Pharmacy
- Christine Cronin / Pharmacy
- Amy Rodriguez / Pharmacy
- Amazon Hub Locker - Bison / Postal Service / Courier Service
Property Details for 2293 Upton Dr
- Year built
- 2003
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.68 lot acres
- Zone code
- B2
- Property type
- Retail space
- APN
- 24142342250000
- APU
- 24142342250000
Description
This exceptional 14,738-square-foot freestanding retail building presents a unique investment opportunity. Located at 2293 Upton Drive, this single-tenant property boasts a prime location at a signalized intersection of Upton Drive and Princess Anne Road, benefiting from high visibility and significant traffic volume. Daily traffic counts reach 19,936 vehicles on Upton Drive and 16,432 vehicles on Princess Anne Road. The building includes a convenient drive-thru. Situated within a Target-anchored community center in the expanding Red Mill trade area, this property enjoys strong demographics, including high household incomes and substantial residential growth. Its strategic placement across from Sandbridge Commons, a Harris Teeter-anchored neighborhood center, further enhances its appeal. The property features prominent monument signage ensuring excellent visibility to potential customers. Units start at approximately 1,544 square feet, offering flexibility for various retail concepts. The entire 14,738 square feet is currently vacant, providing a blank canvas for a new tenant or a significant expansion opportunity. This property offers a compelling combination of location, visibility, and size, making it an ideal investment for discerning buyers.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,570,000
- 6.5%
- $2,375,000
- 7%
- $2,205,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,511,000
Market price range: $435k - $1.78M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $3,470,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Virginia Beach
- County
- Virginia Beach City
- State
- Virginia
- Longitude
- -76.0098
- Latitude
- 36.753
- 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
$45,243
$2,112,500
$2,457,500
$4,570,000
-
$2,112,500
$2,457,500
$4,570,000
