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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Gas stations
3228 Holland Rd Virginia Beach, VA 23453-2829
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-3123972
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
2018
Construction
FRAME
Total area
6,122 SF
Lot
0.68 ac (29,751 SF)
Zoning code
B2
APN
14950863830000
UPID
US87-3123972
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
-
Christian Brothers Automotive Virginia Beach Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$692k
Blend (final)
Blend
$530k
Owner & transaction history
Village Of Five LLC · 6 yrs held
Village Of Five LLC
since 2019
5 recorded transactions
Zoning & alternative use
B2 · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 of this district, business uses will be geographically concentrated.
Zone name
Community Business
General category
COMMERCIAL
Source
Realmo
Top alternative use upside
Restaurant
$795,000
+48.5%
Industrial (general)
$790,000
+47.7%
Office building
$770,000
+44.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Virginia Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Virginia Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$535,000
Current use
RESTAURANT
$795,000
Change: +49% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$790,000
Change: +48% · Conversion: Difficult
OFFICE BUILDING
$770,000
Change: +44% · Conversion: Difficult
AUTO REPAIR, GARAGE
$690,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$525,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$87 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,067
Tax year 2024
Assessed value
$1,319,900
Assessed 2024
Previous assessed
$1,319,900
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$523,900
Assessed improvement
$796,000
Land market value
$523,900
Improvement market value
$796,000
Total market value
$1,319,900
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
2018
Construction
FRAME
Heating
YES
Stories
1
Total area
6,122 SF
Lot
0.68 ac (29,751 SF)
Zoning code
B2
APN
14950863830000
UPID
US87-3123972
Jurisdiction
VIRGINIA BEACH CITY
Zoning & alternative use
B2 · Virginia Beach, VAZoning B2 · permitted uses
B2 · Virginia Beach, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
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 of this district, business uses will be geographically concentrated.
Zone name
Community Business
General category
COMMERCIAL
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$535,000
RESTAURANT
Est. value
$795,000
INDUSTRIAL (GENERAL)
Est. value
$790,000
OFFICE BUILDING
Est. value
$770,000
AUTO REPAIR, GARAGE
Est. value
$690,000
MEDICAL BUILDING
Est. value
$525,000
SERVICE STATION (FULL SERVICE) Current
RESTAURANT
INDUSTRIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
FRAME
Heating
YES
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Village Of Five LLC
Entity
Mailing address
20118 BUTTERMERE CT, ESTERO, FL 33928-7606
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2019
$2,828,000
Village Of Five LLC
Cbh Props Va Bk LLC
Grant Deed
—
Jun 16, 2017
$430,290
Cbh Properties Virginia Beach
Holland Warwick LLC
Grant Deed
$1,648,000 · Origin Bk
Jun 16, 2017
—
Cbh Properties Virginia Beach
—
Deed
related
$412,000 · Cbh Properties Investments LLC
Oct 4, 2016
$1,800,000
Holland Warwick LLC
Chilrens Hospital Of Kings Daug
Grant Deed
—
—
—
Cbh Properties Virginia Beach
—
Deed Of Trust
related
$412,000 · Cbh Properties Investments LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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