Property profile

232 Jersey Ave Ste A Virginia Beach, VA 23462

OFF-MARKET
Gas stations
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Property ID
US87-3990298
7,059 SF 0.28 ac Built 1978
Last sale Nov 2013·$452,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a flex space totaling approximately 1,000 square feet. It includes a grade-level overhead door and is zoned I1, supporting light industrial use. The building is positioned about one mile from Virginia Beach Town Center and provides access to I-264, and the space is configured for industrial and warehouse uses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$487k
Assessed land$250k
Assessed improvement$237k
Effective rate0.99%

Value estimate

· Nov 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I1
The purpose of the I-1 Light Industrial District is to permit light industrial uses, wholesaling, storage, packaging, distribution, and r...
General categoryINDUSTRIAL
JurisdictionVIRGINIA BEACH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant31.8
Building Supply21.7
Dental Office20.0

Location

232 Jersey Ave Ste A Virginia Beach, VA 23462-2542
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5059 Cleveland, Virginia Beach, VA 23462-2528 $2,590,000 Aug 2023 5,616 SF
316 Davis, Virginia Beach, VA 23462-5610 $720,000 Sep 2022 5,619 SF
4843 Potomac, Virginia Beach, VA 23462-2707 $581,020 Jun 2019 3,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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