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Property profile & analytics
OFF-MARKET
Estimated value
$5,695,000
Specialty properties
3641 Faculty Blvd Virginia Beach, VA 23453-8000
Individually Owned
15-yr Hold
Free & Clear
Property ID
US87-1214892
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2013
Construction
TYPE NOT SPECIFIED
Total area
69,022 SF
Lot
9.37 ac (408,288 SF)
Zoning code
I1
APN
14857460060000
UPID
US87-1214892
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
-
Operation Smile Charitable Organization Social Service Agency
-
Life Zone Wellness LLC Gym & Fitness Center Alternative Medicine Practice
-
The Anthony L. and Hideko S. Burgess Interactive Learning Center Museum
-
Salma's school High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.70M
Owner & transaction history
Commonwealth Of Va · 15 yrs held
Commonwealth Of Va
since 2010
6 recorded transactions
Zoning & alternative use
I1 · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.0M
+23.0%
Industrial (general)
$8.9M
+22.3%
Office building
$8.7M
+19.3%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$7,305,000
Current use
RESTAURANT
$8,985,000
Change: +23% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$8,935,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$8,710,000
Change: +19% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,785,000
Change: +7% · Conversion: Difficult
MEDICAL BUILDING
$5,915,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.70M
Range $5.13M – $6.26M · ±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
$83 / 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
Assessed value
$17,171,900
Assessed 2024
Previous assessed
$17,171,900
+0.0% YoY
Assessed land
$3,233,100
Assessed improvement
$13,938,800
Land market value
$3,233,100
Improvement market value
$13,938,800
Total market value
$17,171,900
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2013
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Total area
69,022 SF
Lot
9.37 ac (408,288 SF)
Zoning code
I1
APN
14857460060000
UPID
US87-1214892
Jurisdiction
VIRGINIA BEACH CITY
Zoning & alternative use
I1 · Virginia Beach, VA
Zoning I1 · permitted uses
I1 · Virginia Beach, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Virginia Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$7.3M
RESTAURANT
Est. value
$9.0M
INDUSTRIAL (GENERAL)
Est. value
$8.9M
OFFICE BUILDING
Est. value
$8.7M
AUTO REPAIR, GARAGE
Est. value
$7.8M
MEDICAL BUILDING
Est. value
$5.9M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS 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
2013
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
2
Lot
9.37 ac
Current owner
From public records · entity-resolved
Commonwealth Of Va
Individual
Free & Clear · 15 yrs held
Mailing address
6435 TIDEWATER DR, NORFOLK, VA 23509-1600
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2016
—
Oh Hq LLC
—
Deed
related
$11,500,000 · Towne Bk
Aug 15, 2011
—
Os Hq LLC
—
Deed Of Trust
related
$10,000,000 · Monarch Bank
Sep 29, 2010
—
Commonwealth Of Va
City Of Virginia Bch
Quit Claim Deed
related
—
—
—
Os Hq LLC
—
Deed Of Trust
related
$10,500,000 · Towne Bk
—
—
Oh Hq LLC
—
Loan Modification
related
$11,500,000 · Towne Bk
—
—
Os Hq LLC
—
Loan Modification
related
$10,500,000 · Towne Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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