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Financial
Distress signals
Property profile

3713 Sandpiper Rd Virginia Beach, VA 23456

FOR SALE
Turn key restaurants
Property ID
US87-1361291
5,748 SF 2 ac lot Built 1960
Last sale Nov 2006 · $1,599,900
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of 21.677 acres, including 4.38 acres of developable uplands. It is zoned B-4, which permits uses such as hotels, condominiums, multi-family housing, and short-term rentals. The site includes 12 boat slips and has the capacity for additional slips. The property is situated adjacent to the beach, back bay, and a wildlife refuge, and it lies near Red Mill Commons.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$29k
Tax billed · 2024
Assessed value$2.96M
Assessed land$2.25M
Assessed improvement$710k
Effective rate0.99%

Value estimate

· Oct 2026
$655k
$590k – $721k
AI approach$425k
Submarket $/SF estimate$885k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$451/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$196 – $773
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B4
The purpose of the B-4 Mixed Use District is to provide for retail and commercial service facilities and residential uses, including high...
General categoryMIXED_USE
JurisdictionVIRGINIA BEACH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.4
Kitchen & Bath8.2
Accounting Firm7.2

Location

3713 Sandpiper Rd Virginia Beach, VA 23456
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2413 London Brg, Virginia Beach, VA 23456-3945 $1,140,000 Jul 2022 6,586 SF
2750 Trent, Virginia Beach, VA 23456 $582,000 Nov 2020 5,580 SF
2005 Lynnhaven, Virginia Beach, VA 23456-1410 $1,925,000 Jul 2020 6,055 SF
1177 Nimmo, Virginia Beach, VA 23456-7730 $4,261,210 May 2019 5,773 SF
1113 Nimmo, Virginia Beach, VA 23456-7730 $4,261,210 May 2019 6,154 SF
1125 Nimmo, Virginia Beach, VA 23456-7730 $4,261,210 May 2019 4,888 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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