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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
3665 Sandpiper Rd 157 Virginia Beach, VA 23456-4476
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-0724993
Property profile
Verified
Property type
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Total area
3,084 SF
Zoning code
AG2
APN
24326431580157
UPID
US87-0724993
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
-
Outdoor Resorts RV Resort Campground & RV Park
-
Sandbridge Beach Cottages Vacation Rental Hotel & Motel
-
Toni Howe Consulting Accounting Firm Tax Preparation
-
Beachy, LLC Hotel & Motel Resort
-
Sandbridge Beachcomber's Bargain Lot 195 Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Rhena Leland · 1 yrs held
Rhena Leland
since 2024
Last sale
$185,000
7 recorded transactions
Zoning & alternative use
AG2 · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax billed
$1,746
Tax year 2024
Assessed value
$176,400
Assessed 2024
Previous assessed
$176,400
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$165,000
Assessed improvement
$11,400
Land market value
$165,000
Improvement market value
$11,400
Total market value
$176,400
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
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Status
Off-Market
Heating
NONE
Total area
3,084 SF
Zoning code
AG2
APN
24326431580157
UPID
US87-0724993
Jurisdiction
VIRGINIA BEACH CITY
Zoning & alternative use
AG2 · Virginia Beach, VA
Zoning AG2 · permitted uses
AG2 · 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.
Building & site characteristics
From public records
Heating
NONE
Current owner
From public records · entity-resolved
Rhena Leland
Individual
Free & Clear · 1 yrs held
Mailing address
4408 DELCO RD, VIRGINIA BEACH, VA 23455-2838
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2024
$185,000
Rhena Leland
Donald Jordan
Deed
—
Jun 17, 2020
$115,000
Ellen Jordan
Canal Street LLC
Warranty Deed
—
May 30, 2018
$105,000
Canal Street LLC
John F Waters
Warranty Deed
$80,250 · Townebank Mtg
May 3, 2013
$105,000
John F Waters
Binder,richard J
Grant Deed
$97,650 · Richard J Binder
—
—
John F Waters
—
Loan Modification
related
$97,650 · Kyle D Korte
—
—
Richard Binder
—
Deed Of Trust
related
$75,000 · Gateway Bank & Trust
—
—
Richard Binder
—
Deed Of Trust
related
$20,000 · Gateway Bank & Trust
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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