Property profile

5040 Virginia Bch Blvd Ste 101 Virginia Beach, VA 23462

OFF-MARKET
Distribution centers
Property ID
US87-3867451
1,500 SF Built 1986
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1986
Total area 1,500 SF
Zoning code B2
APN 14679546582930
UPID US87-3867451

Cap rate & NOI

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

Location

5040 Virginia Bch Blvd Ste, Unit 101 Virginia Beach, VA 23462-6637
Virginia Beach metro Census 41004 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2019
5 recorded transactions
2019
Price N/A
2009
Price N/A
2007
Price N/A
2007
$225,000
1969
Price N/A

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

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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