Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,590,000
Community centers
2401 Seaboard Rd Virginia Beach, VA 23456-3500
Entity Owned
Absentee Owner
Free & Clear
Property ID
US87-1136393
Property summary
AI-generated overview
Foxfire Center, a 21,095 square foot strip center in Virginia Beach, Virginia, presents a compelling investment opportunity. Currently, 2,125 square feet of retail space is available for lease, ideal for a variety of businesses. This multi-tenant property enjoys a highly desirable location at the intersection of Princess Anne Road and Seaboard Road, offering excellent visibility and accessibility. The strategic positioning provides convenient proximity to the Virginia Beach Municipal Complex and Courthouse, ensuring a consistent flow of potential customers. The surrounding area boasts strong demographics, characterized by above-average household incomes, creating a robust consumer base for retail establishments. The property's address is 2401 Seaboard Rd, Virginia Beach, VA 23456, within City of Virginia Beach County. This presents a rare chance to secure a well-situated retail space in a thriving Virginia Beach community. The existing building offers ample space for a variety of retail or restaurant uses. The available space is ready for immediate occupancy. Interested parties should inquire about lease terms and conditions.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2003
Construction
TYPE NOT SPECIFIED
Total area
21,095 SF
Lot
5.86 ac (255,192 SF)
Zoning code
AG2
APN
24045302970000
UPID
US87-1136393
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Heather's Hair Design Hair Salon
-
Gratitude Salon Hair Salon
-
Salty Dog Grooming Pawlor Pet Grooming Service
-
Dr. Sarah Groy Dental Office
-
Shopwise Meat Market Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.59M
Owner & transaction history
ARGOS PROPERTIES LLC
ARGOS PROPERTIES LLC
Zoning & alternative use
AG2 · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Virginia Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Virginia Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,960,000
6.5%
$2,730,000
7%
$2,535,000
Blend value · Realmo final
$2.59M
Range $2.33M – $2.85M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$123 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$32,804
Tax year 2024
Assessed value
$3,313,500
Assessed 2024
Previous assessed
$3,313,500
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$1,114,200
Assessed improvement
$2,199,300
Land market value
$1,114,200
Improvement market value
$2,199,300
Total market value
$3,313,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2003
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Total area
21,095 SF
Lot
5.86 ac (255,192 SF)
Zoning code
AG2
APN
24045302970000
UPID
US87-1136393
Jurisdiction
VIRGINIA BEACH CITY
Zoning & alternative use
AG2 · Virginia Beach, VA
Zoning AG2 · permitted uses
AG2 · Virginia Beach, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Virginia Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Lot
5.86 ac
Current owner
From public records · entity-resolved
ARGOS PROPERTIES LLC
Entity
Free & Clear · 0 yrs held
Mailing address
1060 HEAD OF RIV RD, CHESAPEAKE, VA 23322-1919
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2401 Seaboard Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
