Property profile

2876 Abingdon Heights Dr Gloucester Point, VA 23072

FOR SALE
Day care centers
Property ID
US87-1578392
5,000 SF 0.41 ac lot Built 1980
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 0.83-acre commercial property at 2876 Abingdon Heights Drive in Gloucester Point, Virginia, presents a unique investment opportunity. Currently operating as a successful daycare center, this established business boasts seven classrooms, three enclosed playgrounds, outdoor picnic areas with tables, a fully equipped kitchen, and a dedicated nursery room. The property has a capacity for approximately 100 students, making it an ideal investment for an established childcare provider or an entrepreneur looking to enter the thriving childcare market. Built in 1970 and renovated in 1991, the building features durable brick and block construction, ensuring longevity and minimal maintenance. The property is conveniently located just off George Washington Memorial Highway in Hayes, VA, providing excellent visibility and accessibility. Zoned SF-1, the property offers flexibility for future expansion or adaptation to other permitted uses. The asking price is $499,000. This turnkey operation offers a rare chance to acquire a profitable, established business with significant growth potential in a desirable location. The property's solid construction, ample space, and convenient location combine to create a compelling investment opportunity. Detailed financial information is available upon request.

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1980
Total area 5,000 SF
Lot 0.41 ac (17,860 SF)
Zoning code SF-1
APN 23778
UPID US87-1578392

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2876 Abingdon Heights Dr Gloucester Point, VA 23072
Gloucester Point metro Census 100301 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

Zoning & alternative use

SF-1 · Hayes, 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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