Entity Owned Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1994
Construction
CONCRETE
Total area
42,949 SF
Lot
7.45 ac (324,492 SF)
Zoning code
B3
APN
14764904860000
UPID
US87-0111494
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
-
College Private College
-
Atm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.95M
Comparable Approach
Comparable
$9.46M
Blend (final)
Blend
$8.49M
Owner & transaction history
since 2006
2 recorded transactions
Zoning & alternative use
B3 · Virginia Beach, VA
Zoning description
The purpose of the B-3 Central Business District is to set apart that portion of the city which forms the metropolitan center for financial, commercial, professional and cultural activities, including business, professio…
General category
COMMERCIAL
Top alternative use upside
Retail stores
$12.4M
+67.0%
Medical building
$10.1M
+36.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$8.49M
Value range
$7.64M – $9.34M
±10% around blend
Estimated value / SF
$198 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$7.64M
blend $8.49M
$9.34M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
42,949 SF
Lot area
7.45 ac
Year built
1994
Stories
2
APN
14764904860000
Zoning
B3
Assessed value
$8,278,600
Annual tax
$81,958
3
Income approach: direct capitalization
Partial preview
Income approach indication
$8.95M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$9.70M
@ 6.5% CAP return
$8.95M
@ 7% CAP return
$8.31M
4
Sales comparison
Partial preview
Sales approach indication
$9.46M
Range $4.79M – $9.46M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.49M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 42 sales
$173
+14%
Submarket 161 sales
$184
+7%
County 161 sales
$184
+7%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $198/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+67%
vs current-use indication
Medical Building
Office Building · current use
Industrial (general)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.28M
Move the market yield to see immediate price impact.
Value / SF
$193
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$522k
$10.43M
$7.45M
$5.80M
$580k
$11.59M
$8.28M
$6.44M
$637k
$12.75M
$9.11M
$7.08M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$81,958
Tax year 2024
Assessed value
$8,278,600
Assessed 2024
Previous assessed
$8,278,600
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$3,430,500
Assessed improvement
$4,848,100
Land market value
$3,430,500
Improvement market value
$4,848,100
Total market value
$8,278,600
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1994
Construction
CONCRETE
Heating
YES
Stories
2
Total area
42,949 SF
Lot
7.45 ac (324,492 SF)
Zoning code
B3
APN
14764904860000
UPID
US87-0111494
Jurisdiction
VIRGINIA BEACH CITY
Zoning & alternative use
B3 · Virginia Beach, VAZoning B3 · permitted uses
B3 · Virginia Beach, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of the B-3 Central Business District is to set apart that portion of the city which forms the metropolitan center for financial, commercial, professional and cultural activities, including business, professio…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1994
Construction
CONCRETE
Heating
YES
Stories
2
Lot
7.45 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
B3
COMMERCIAL
Jurisdiction
Virginia Beach, VA
Recorded code
B3
Official district
B3
Official district profile
What the municipal code says about B3
Zoning description
The purpose of the B-3 Central Business District is to set apart that portion of the city which forms the metropolitan center for financial, commercial, professional and cultural activities, including business, professio…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B3 in Virginia Beach, VA.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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