Property profile

250 Jersey Ave Virginia Beach, VA 23462

OFF-MARKET
Commercial real estate
Property ID
US87-1282316
9,265 SF 0.42 ac lot Built 1971
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1971
Construction TYPE NOT SPECIFIED
Total area 9,265 SF
Lot 0.42 ac (18,435 SF)
Zoning code B2
APN 14678572990000
UPID US87-1282316

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
  • Physician
  • Postal Service Courier Service
  • Alternative Medicine Practice Spa & Massage Center
  • Cosmetic Store
  • Church

Location

250 Jersey Ave Virginia Beach, VA 23462-6615
Virginia Beach metro Census 41002 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$900k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$865k

Owner & transaction history

since 2023
Last sale
$850,000
1 recorded transaction
2023
$850,000

Zoning & alternative use

B2 · Virginia Beach, VA
Zoning description

The purpose of the B-2 Community Business District is to provide land needed for community wide business establishments. This district is intended for general application in the city. It is intended that, by the creation…

General category COMMERCIAL

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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