Technical
Financial
Distress signals
Property profile

5224 Indian Riv Rd Virginia Beach, VA 23464

OFF-MARKET
Community centers
Property ID
US87-0988544
11,188 SF 0.77 ac lot Built 1985
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1985
Construction FRAME
Total area 11,188 SF
Lot 0.77 ac (33,587 SF)
Zoning code B2
APN 14654728240001
UPID US87-0988544

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
  • Real Estate Agency
  • Real Estate Agency
  • Take-out & Catering
  • Real Estate Agency
  • Real Estate Agency

Location

5224 Indian Riv Rd Virginia Beach, VA 23464-6170
Virginia Beach metro Census 46211 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.39M

Owner & transaction history

2 recorded transactions
1969
Price N/A
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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