Technical
Financial
Distress signals
Property profile

3600 Dm Nck Rd 1 Virginia Beach, VA 23453

OFF-MARKET
Grocery and convenience stores
Property ID
US87-1108947
2,952 SF 3.31 ac lot Built 1984
Individually Owned 15-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4,700-square-foot warehouse, situated on approximately one acre of land, presents a prime leasing opportunity in the desirable Princess Anne submarket. Built in 1984, the single-tenant property boasts a convenient location near the intersection of Dam Neck Road and Princess Anne Road, offering easy access to major thoroughfares and a wealth of amenities. The B-2/I-1 zoning allows for a variety of industrial uses. The building itself provides ample space for storage and operations, complemented by the expansive one-acre yard, ideal for additional storage or maneuvering. This property benefits from its proximity to several key locations, including the Veterans United Home Loans Amphitheater, Sentara Princess Anne Hospital, CHKD, TCC, ODU Nursing, NSU Beach campus, LifeNet Health, Virginia Beach Sportsplex, and the Virginia Beach Farmers Market. Furthermore, its location across the street from Landstown Commons provides added convenience and accessibility. The asking rent is $5,000 per month, net of utilities. This is an excellent opportunity for businesses seeking a well-located, spacious warehouse with ample outdoor space in a thriving area. The entire 4,700 square feet is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1984
Construction FRAME
Total area 2,952 SF
Lot 3.31 ac (144,401 SF)
Zoning code B2
APN 14858146290000
UPID US87-1108947

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
  • Roofing Company General Contractor
  • Furniture & Home Goods Home Decor Store
  • Bakery Specialty Food Shop
  • Counselor Psychotherapist
  • Home Decor Store Furniture & Home Goods

Location

3600 Dm Nck Rd, Unit 1 Virginia Beach, VA 23453-2633
Virginia Beach metro Census 45429 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2010
1 recorded transaction
2010
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3600 Dm Nck Rd, Unit 1?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message