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Property profile & analytics
OFF-MARKET
Banks

3012 Pacific Ave Virginia Beach, VA 23451-3027

1,612 SF 0.34 ac lot Built 2001
Individually Owned Absentee Owner Free & Clear
Property ID
US87-1313111
Property summary
AI-generated overview

This exceptional 1,612 square foot freestanding retail building, located at 3012 Pacific Avenue in Virginia Beach, Virginia, presents a unique investment opportunity. Currently vacant, the entire space is available for lease. The property boasts a single-tenant configuration, ideal for a variety of retail uses. Situated on a sizable 0.338-acre lot, the building offers ample space for customer parking and potential outdoor signage. Its convenient location in Virginia Beach city, zip code 23451, ensures high visibility and accessibility for customers. The property's classification as a "Freestanding Bank Building" suggests a robust structure, potentially featuring secure vaulting or other desirable features. The building's size and layout are well-suited for a variety of retail businesses seeking a prominent location in a thriving Virginia Beach community. This is a rare opportunity to secure a prime retail space in a desirable area. The property is ready for immediate occupancy, allowing for a swift start to operations. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers. The property's location offers easy access to major roadways and is within close proximity to various amenities and residential areas. This makes it an attractive location for businesses seeking high foot traffic and a strong customer base.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2001
Construction FRAME
Total area 1,612 SF
Lot 0.34 ac (14,751 SF)
Zoning code OR
APN 24280129480000
UPID US87-1313111
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
  • PNC Mortgage Loan Service Bank
  • PNC Bank Bank Loan Service
  • PNC ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Newport News Shipbuilding Employees
Newport News Shipbuilding Employees
since 2025
1 recorded transaction
2025
$1.6M
Zoning & alternative use
OR · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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