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Property profile & analytics
FOR LEASE
Commercial land

3264 Holland Rd Virginia Beach, VA 23453

1,254 SF 4.46 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US87-0450062
Property summary
AI-generated overview

This exceptional 4.47-acre commercial land parcel presents a prime development opportunity in Virginia Beach, VA. Located at 3264 Holland Rd, near Warwick Dr, the property boasts a highly desirable B-2 zoning classification. This zoning allows for a diverse range of commercial uses, including but not limited to retail establishments, office spaces, and service-oriented businesses. Potential uses could encompass banking facilities, food service operations (restaurants, cafes), grocery or convenience stores, medical clinics, veterinary practices, daycare centers, or fitness centers. The site's strategic location within a densely populated submarket ensures high visibility and accessibility, making it an attractive investment for developers seeking a strong return. The property is available for sale, ground lease, or build-to-suit arrangements, offering flexibility to accommodate various development plans. With its substantial acreage and versatile zoning, this property represents a rare chance to capitalize on the thriving commercial landscape of Virginia Beach. The zip code is 23453. Serious inquiries are encouraged to explore the possibilities of this exceptional development site. The property is situated at latitude 36.79805366841766 and longitude -76.0843390853036.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Total area 1,254 SF
Lot 4.46 ac (194,278 SF)
Zoning code B2
APN 14950934900000
UPID US87-0450062
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Sams Central Holdings LLC · 3 yrs held
Sams Central Holdings LLC
since 2023
5 recorded transactions
2023
Price N/A
2017
$785,000
2015
$700,000
2008
$1.1M
2008
Price N/A
Zoning & alternative use
B2 · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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