Technical
Financial
Distress signals
Property profile

4698 Honeygrove Rd 2 Virginia Beach, VA 23455

OFF-MARKET
Office buildings
Property ID
US87-0065226
4,875 SF 0.41 ac lot Built 1980
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1980
Construction TYPE NOT SPECIFIED
Total area 4,875 SF
Lot 0.41 ac (18,077 SF)
Zoning code B2
APN 14784501310000
UPID US87-0065226

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Daycare Center

Location

4698 Honeygrove Rd, Unit 2 Virginia Beach, VA 23455-5934
Virginia Beach metro Census 40801 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.00M
CAP Approach CAP
$1.07M
Comparable Approach Comparable
$645k
Blend (final) Blend
$1.00M

Owner & transaction history

since 2024
Last sale
$1.0M
1 recorded transaction
2024
$1.0M

Zoning & alternative use

B2 · Virginia Beach, VA
Zoning description

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…

General category COMMERCIAL
Top alternative use upside
Retail stores $1.4M +56.8%
Medical building $1.2M +27.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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