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    Property profile & analytics

    4115 George Washington Memorial Hwy Hayes, VA 23072-2931

    • Strip malls
    • 11,500 SF
    • 1.53 lot acres
    OFF-MARKET
    Value Estimation
    $1,545,000
    Last Sale
    Nov 09, 2021
    $1,475,000
    Location Intelligence
    Property ID
    US87-1394379
    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.

    Current Use by Public Records

    • Strip malls

    Property Details for 4115 George Washington Memorial Hwy

    Year built
    1989
    Lot size
    1.53 lot acres
    Property size
    11,500 SF
    Zone code
    B-1
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    31506
    APU
    31506

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,555,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,510,000
      6.5%
      $1,565,000
      7%
      $1,445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,300,000
      Geo Method
      $1,485,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,385,000
      Retail
      $1,620,000
      Mixed-Use
      $1,750,000
      Hospitality
      $1,755,000
      Educational
      $1,670,000
      Residential Income
      $1,685,000
      Energy
      $1,585,000
      Income-Based Land
      $1,310,000
      Food Service
      $1,420,000

    Location Insight

    • Map
    • Local Demand
    City
    Hayes
    County
    Gloucester
    State
    Virginia
    Longitude
    -76.5129
    Latitude
    37.3212
    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
    $5,183
    $226,500
    $647,580
    $874,080
    -
    $226,500
    $647,580
    $874,080

    Comparable in this City

    • Value Estimation
      $2,370,000
      45,236 SF

      2348 George Washington Memorial Hwy

      SHOPPING CENTER, STRIP CENTER • 45,236 SF
      2348 George Washington Memorial Hwy, Hayes, VA 23072-3554
      View Details
    • Value Estimation by Request
      10,080 SF

      Fox Ctr Pkwy

      SHOPPING CENTER, STRIP CENTER • 10,080 SF
      Fox Ctr Pkwy, Hayes, VA 23072
      View Details
    • Value Estimation
      $430,000
      6,800 SF

      2285 George Washington Memorial Hwy, Unit 2299

      SHOPPING CENTER, STRIP CENTER • 6,800 SF
      2285 George Washington Memorial Hwy, Hayes, VA 23072-3560
      View Details
    • Value Estimation by Request
      15,968 SF

      Fox Ctr Pkwy

      SHOPPING CENTER, STRIP CENTER • 15,968 SF
      Fox Ctr Pkwy, Hayes, VA 23072
      View Details
    • Value Estimation
      $1,545,000
      15,000 SF

      4115 George Washington Memorial Hwy, Unit 4137

      SHOPPING CENTER, STRIP CENTER • 15,000 SF
      4115 George Washington Memorial Hwy, Hayes, VA 23072-2931
      View Details
    • Value Estimation
      $295,000
      6,166 SF

      6661 Hickory Frk Rd

      SHOPPING CENTER, STRIP CENTER • 6,166 SF
      6661 Hickory Frk Rd, Hayes, VA 23072-2525
      View Details

    Similar Nearby for Sale

    • $2,200,000
      3.14 Acres

      Revitalized Shopping Center in Hayes, VA

      Thriving shopping center with development potential in Gloucester Point, Virginia.
      2058 George Washington Memorial Hwy, Hayes, VA 23072
      View Details
    • $1,475,000
      4,920 SF

      Restaurant on George Washington Memorial

      Freestanding restaurant with equipment on 1.43 acres for sale.
      2520 George Washington Memorial Hwy, Gloucester Point, VA 23072
      View Details
    • $499,000
      0.83 Acres

      Gloucester Point Daycare Center

      Established Daycare, Prime Location, VA
      2876 Abingdon Hts Dr, Gloucester Point, VA 23072
      View Details
    • $650,000
      4,000 SF

      Waterfront Fishery with Piers

      Commercial fishery with bulkheaded waterfront and piers for sale.
      9662 Ban Rd, Hayes, VA 23072
      View Details
    • $150,000
      1.11 Acres

      Commercial Lot on Route 17

      Commercial lot with frontage on Route 17 in Hayes, VA.
      0000 George Washington Memorial Hwy, Hayes, VA 23072
      View Details
    • $175,000
      2.34 Acres

      Commercial Land in Hayes, VA

      2.34-acre commercial parcel with development potential in Gloucester County.
      17 N George Washington Memorial Hwy, Hayes, VA 23072
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      70,000 SF

      York River Crossing Retail Center

      Prime Gloucester Point Retail Space Available
      2226 York Xing Dr, Gloucester Point, VA 23072
      View Details
    • $2,000 /Mo
      2,288 SF

      High-Visibility Office Building on Rt 17

      2,288 sq ft office building on Rt 17 in Hayes, VA
      5103 George Washington Memorial Hwy, Hayes, VA 23072
      View Details
    • $2,000 /Mo
      33,977 SF

      Hayes, VA Office Building

      2,288 sq ft office building on highly traveled Rt 17.
      5103 George Washington Memorial Hwy, Hayes, VA 23072
      View Details
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    Hayes, VA 23072-2931
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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