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Property profile & analytics
OFF-MARKET
Retail space

4448 Virginia Bch Blvd Virginia Beach, VA 23462-3107

1,824 SF 0.37 ac lot Built 1978
Entity Owned 19-yr Hold Absentee Owner Free & Clear
Property ID
US87-0035033
Property summary
AI-generated overview

This exceptional 1,824 square foot retail space is ideally situated on Virginia Beach Boulevard in Virginia Beach, VA (zip code 23462). The entire space is currently vacant and presents a unique opportunity for a business seeking high visibility and excellent foot traffic. Located directly on Virginia Beach Boulevard, this property boasts unparalleled exposure to a large volume of daily commuters and shoppers. The property's strategic location offers significant advantages, positioned next to a renovated medical facility (formerly HOP) and adjacent to the Virginia Beach Town Center. This prime location ensures strong brand recognition and easy accessibility for customers. The property is classified as retail, with multiple tenancy options available within the single 1,824 square foot unit. The building is located in Virginia Beach City County, offering access to a thriving local market and a diverse customer base. This is an exceptional opportunity to establish a successful business in a high-traffic area with excellent visibility and proximity to key amenities. The property's size and location make it suitable for a wide range of retail businesses. Don't miss this chance to secure a prominent location on one of Virginia Beach's busiest thoroughfares.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction TYPE NOT SPECIFIED
Total area 1,824 SF
Lot 0.37 ac (16,082 SF)
Zoning code B2
APN 14776564460000
UPID US87-0035033
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Michael D Sifen INC · 19 yrs held
Michael D Sifen INC
since 2006
2 recorded transactions
2006
$968,000
1969
Price N/A
Zoning & alternative use
B2 · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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