Property profile

3825 Bonney Rd Virginia Beach, VA 23452

FOR LEASE
Distribution centers
Property ID
US87-2541784
8,096 SF 1.18 ac lot Built 1970
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 8,763-square-foot retail property, zoned B2, presents a unique investment opportunity in Virginia Beach, VA. Currently vacant, the building offers a versatile layout ideal for an automotive dealership, boasting a 5,328-square-foot showroom/office area and a 3,435-square-foot service and parts area. Situated on a sizable 1.2-acre lot, the property benefits from 244 feet of frontage along Bonney Road, ensuring high visibility and accessibility. The building underwent renovations in 2019, ensuring modern functionality and aesthetics. Its prime location offers convenient access to I-264 via Rosemont Road, placing it within minutes of the Virginia Beach Town Center and its thriving commercial district. The existing dealership license is included in the sale, streamlining the transition for a new operator. This property is situated in an area with excellent demographics, promising strong potential for future growth and profitability. The single-tenant occupancy allows for straightforward management and control. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a desirable Virginia Beach market. Don't miss this chance to capitalize on this turnkey operation.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1970
Total area 8,096 SF
Lot 1.18 ac (51,575 SF)
Zoning code B2
APN 14873307210000
UPID US87-2541784

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
  • Auto Repair Shop
  • Auto Parts Store
  • Car Dealership
  • Bank Credit Union
  • Car Dealership

Location

3825 Bonney Rd Virginia Beach, VA 23452
Virginia Beach metro Census 45606 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$990k
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.02M

Owner & transaction history

since 2025
5 recorded transactions
2025
$3.1M
2019
Price N/A
2016
$990,000
2013
Price N/A
1969
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
Top alternative use upside
Industrial (general) $1.4M +19.4%

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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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