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Property profile & analytics
FOR LEASE
Office buildings
4661 Haygood Rd Virginia Beach, VA 23455
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US87-0749685
For Lease
1 / 2
$18 SF/Yr
4661 Haygood Rd, Virginia Beach, VA 23455
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1980
Construction
FRAME
Total area
10,384 SF
Lot
1.79 ac (77,798 SF)
Zoning code
B2
APN
14783693600000
UPID
US87-0749685
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
-
Vanella Chiropractic Alternative Medicine Practice
-
Hair Facts the Salon Hair Salon Nail Salon
-
FedEx Drop Box Postal Service Courier Service
-
Pirka Hair - Tow Truck Virginia Beach VA Corporate Office
-
Affordable Canvas of VA LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.27M
Comparable Approach
Comparable
$2.32M
Blend (final)
Blend
$2.03M
Owner & transaction history
Kh Hr Haygood LLC · 15 yrs held
Kh Hr Haygood LLC
since 2011
3 recorded transactions
Zoning & alternative use
B2 · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.0M
+56.8%
Medical building
$2.4M
+27.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,455,000
6.5%
$2,270,000
7%
$2,105,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,915,000
Current use
RETAIL STORES
$3,000,000
Change: +57% · Conversion: Moderate
MEDICAL BUILDING
$2,445,000
Change: +28% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,575,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$2.03M
Range $1.83M – $2.23M · ±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
$195 / 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
$16,033
Tax year 2024
Assessed value
$1,619,500
Assessed 2024
Previous assessed
$1,619,500
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$997,800
Assessed improvement
$621,700
Land market value
$997,800
Improvement market value
$621,700
Total market value
$1,619,500
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1980
Construction
FRAME
Heating
YES
Buildings
2
Stories
1
Total area
10,384 SF
Lot
1.79 ac (77,798 SF)
Zoning code
B2
APN
14783693600000
UPID
US87-0749685
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
OFFICE BUILDING Current
Est. value
$1.9M
RETAIL STORES
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$1.6M
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
INDUSTRIAL (GENERAL)
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
1980
Construction
FRAME
Heating
YES
Stories
1
Buildings
2
Lot
1.79 ac
Current owner
From public records · entity-resolved
Kh Hr Haygood LLC
Entity
Mailing address
1128 INDEPENDENCE BLVD STE #200, VIRGINIA BEACH, VA 23455-5555
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2017
—
Kh Hr Haygood LLC
—
Grant Deed
related
$6,248,000 · Branch Bk&tr
Mar 24, 2011
$2,203,473
Kh Hr Haygood LLC
Haygood Executive Park LLC
Grant Deed
related
—
Apr 13, 2007
—
Haygood Executive Park LLC
Walters Properties INC
Grant Deed
$2,300,000 · Lasalle National Bank
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?”
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