3244 Holland Rd, Virginia Beach, VA 23453
- Community centers
- 10,200 SF
- 4.56 lot acres
Current Use by Public Records
- ATM (ATM Link, Inc.) / Atm
- The Strand Shopping Center / Business Service Center / Corporate Office
- skyvision insurance agency / Insurance Agency
- Grace Nails&Day Spa / Nail Salon
- Prince Tea House / Restaurant / Cafe & Coffee Shop
Property Details for 3244 Holland Rd
- Year built
- 2018
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 4.56 lot acres
- Zone code
- B2
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 14950875880000
- APU
- 14950875880000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 22, 2024 | — | Holland Warwick LLC | — | Deed · related | $210k · The Old Point National Bank Of Phoebus |
| Nov 14, 2023 | $700,000 | Jpm Real Estate Va LLC | Holland Warwick LLC | Bargain & Sale Deed | — |
| Sep 6, 2022 | — | Holland Warwick LLC | — | Deed · related | $850k · Stearns Bank NA |
| Sep 22, 2021 | $2,020,000 | Lakeview Capital LLC | Holland Warwick LLC | Deed | $1.6M · Fulton Bank NA |
| Dec 30, 2016 | — | Holland Warwick LLC | — | Deed · related | $4.8M · Union Bk&tr |
| Oct 4, 2016 | $1,800,000 | Holland Warwick LLC | Chilrens Hospital Of Kings Daug | Grant Deed | — |
| — | — | Holland Warwick LLC | — | Deed Of Trust · related | $4.8M · Union Bk&tr |
Description
This exceptional 1.648-acre commercial land parcel in Virginia Beach, VA, presents a prime development opportunity. Located at 3244 Holland Rd, zip code 23453, this property boasts a highly desirable B-2 zoning designation, permitting a variety of retail and office uses. The site is ideally situated in a thriving area, shadow-anchored by a grocery store and benefiting from the presence of both national and local tenants. Infrastructure is already in place, with utilities stubbed to the pad and a complete stormwater management system. This turnkey opportunity allows for immediate development, eliminating significant upfront costs and delays. The expansive lot size offers considerable flexibility, capable of accommodating a single building of approximately 17,000 square feet or two buildings of roughly 8,700 square feet each. This is an excellent investment prospect in a strong income area, poised for significant return. The asking price for this ready-to-build commercial land is $1,500,000. Don't miss this chance to capitalize on this exceptional location and build your vision.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,125,000
- ML approach
- $2,170,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,455,000
- 6.5%
- $1,340,000
- 7%
- $1,245,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,580,000
Market price range: $1.55M - $6.73M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,950,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Virginia Beach
- County
- Virginia Beach City
- State
- Virginia
- Longitude
- -76.0823
- Latitude
- 36.7966
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
