Technical
Financial
Distress signals
Property profile

3232 Shr Dr Virginia Beach, VA 23451

OFF-MARKET
Turn key restaurants
Property ID
US87-3844800
3,963 SF 0.55 ac lot Built 1960
Entity Owned 22-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1960
Construction FRAME
Total area 3,963 SF
Lot 0.55 ac (24,042 SF)
Zoning code B4
APN 14899914330000
UPID US87-3844800

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
  • Restaurant
  • Atm

Location

3232 Shr Dr Virginia Beach, VA 23451-1002
Virginia Beach metro Census 43005 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$390k

Owner & transaction history

since 2004
1 recorded transaction
2004
$100,000

Zoning & alternative use

B4 · Virginia Beach, VA
Zoning description

The purpose of the B-4 Mixed Use District is to provide for retail and commercial service facilities and residential uses, including high quality workforce housing in appropriate areas within the district, including Stra…

General category MIXED_USE

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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