3012 Pacific Ave Virginia Beach, VA 23451-3027
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.
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PNC Mortgage Loan Service Bank
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PNC Bank Bank Loan Service
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PNC ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OR · Virginia Beach, VAVirginia Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.