For Lease
1 / 4
Property summary
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
VerifiedCap rate & NOI
Current use
-
Auto Repair Shop
-
Auto Parts Store
-
Car Dealership
-
Bank Credit Union
-
Car Dealership
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
B2 · Virginia Beach, VAThe 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B2 in Virginia Beach, VA.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight