Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Specialty properties
4340 Virginia Bch Blvd Virginia Beach, VA 23452-1238
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US87-0815030
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
2009
Construction
FRAME
Total area
6,596 SF
Lot
0.97 ac (42,210 SF)
Zoning code
B2
APN
14778514960000
UPID
US87-0815030
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bay Beach Veterinary Hospital Veterinary Clinic
-
Bay Beach Veterinary Hospital, Kimberly Key, DVM Veterinary Clinic
-
Lannon's Animal Hospital | Animal Clinic| Vet in Elizabeth City Veterinary Clinic
-
Dr Honaker Mark W Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$894k
Blend (final)
Blend
$690k
Owner & transaction history
Kg Key LLC · 12 yrs held
Kg Key LLC
since 2014
5 recorded transactions
Zoning & alternative use
B2 · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.1M
+61.1%
Commercial (general)
$1.1M
+59.9%
Restaurant
$835,000
+26.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Virginia Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Virginia Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
VETERINARY, ANIMAL HOSPITAL
$660,000
Current use
INDUSTRIAL (GENERAL)
$1,060,000
Change: +61% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,055,000
Change: +60% · Conversion: Difficult
RESTAURANT
$835,000
Change: +27% · Conversion: Difficult
MEDICAL BUILDING
$565,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$105 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$18,874
Tax year 2024
Assessed value
$1,906,500
Assessed 2024
Previous assessed
$1,906,500
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$981,300
Assessed improvement
$925,200
Land market value
$981,300
Improvement market value
$925,200
Total market value
$1,906,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
2
Total area
6,596 SF
Lot
0.97 ac (42,210 SF)
Zoning code
B2
APN
14778514960000
UPID
US87-0815030
Jurisdiction
VIRGINIA BEACH CITY
Zoning & alternative use
B2 · Virginia Beach, VA
Zoning B2 · permitted uses
B2 · Virginia Beach, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Virginia Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
VETERINARY, ANIMAL HOSPITAL Current
Est. value
$660,000
INDUSTRIAL (GENERAL)
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$835,000
MEDICAL BUILDING
Est. value
$565,000
VETERINARY, ANIMAL HOSPITAL Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Kg Key LLC
Entity
Mailing address
4340 VIRGINIA BCH BLVD, VIRGINIA BEACH, VA 23452-1238
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2017
—
Kg Key LLC
—
Deed
related
$1,792,000 · Bank Of America
Mar 27, 2014
$2,261,000
Kg Key LLC
Tjh LLC
Grant Deed
$3,675,000 · Live Oak Bkg
Apr 26, 2013
—
Tjh LLC
—
Deed Of Trust
related
$1,497,913 · Branch Banking & Trust Co
Feb 11, 2008
—
Tjh LLC
—
Trustees Deed
related
$2,300,000 · Resource Bank
—
—
Kg Key LLC
—
Deed Of Trust
related
$1,792,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4340 Virginia Bch Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
