3825 Bonney Rd Virginia Beach, VA 23452
Property profile & analytics
3825 Bonney Rd, Virginia Beach, VA 23452
- Distribution centers
- 8,096 SF
- 1.18 lot acres
Property ID
US87-2541784
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Fairway Mitsubishi Service Center / Auto Repair Shop
- Fairway Mitsubishi Parts Store / Auto Parts Store
- Fairway Mitsubishi / Car Dealership
- Pembroke Finance, Inc. / Bank / Credit Union
- Fairway Cars VB, LLC / Car Dealership
Property Details for 3825 Bonney Rd
- Year built
- 1970
- Lot size
- 1.18 lot acres
- Zone code
- B2
- Property type
- Distribution centers
- APN
- 14873307210000
- APU
- 14873307210000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,075,000
- 6.5%
- $990,000
- 7%
- $920,000
-
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,160,000 Current use
- INDUSTRIAL (GENERAL)
- $1,385,000 Change: +19% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Virginia Beach
- County
- Virginia Beach City
- State
- Virginia
- Longitude
- -76.1075
- Latitude
- 36.8387
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$13,382
$722,100
$657,500
$1,379,600
-
$722,100
$657,500
$1,379,600
