Technical
Financial
Distress signals
Property profile

3029 Shr Dr Virginia Beach, VA 23451

OFF-MARKET
Community centers
Property ID
US87-1181461
9,400 SF 0.99 ac lot Built 1983
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1983
Construction TYPE NOT SPECIFIED
Total area 9,400 SF
Lot 0.99 ac (43,337 SF)
Zoning code B2
APN 14990998200000
UPID US87-1181461

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
  • Nail Salon

Location

3029 Shr Dr Virginia Beach, VA 23451-1247
Virginia Beach metro Census 43006 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.24M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.27M

Owner & transaction history

since 2025
6 recorded transactions
2025
$34,030
2017
Price N/A
2016
Price N/A
2011
$1.1M
2006
Price N/A
1969
Price N/A

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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