Technical
Financial
Distress signals
Property profile

5242 Fairfield Blvd Virginia Beach, VA 23464

OFF-MARKET
Community centers
Property ID
US87-0645861
56,183 SF 11 ac lot Built 1978
Entity Owned 18-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1978
Construction TYPE NOT SPECIFIED
Total area 56,183 SF
Lot 11 ac (479,247 SF)
Zoning code B2
APN 14665496420000
UPID US87-0645861

Cap rate & NOI

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

Location

5242 Fairfield Blvd Virginia Beach, VA 23464
Virginia Beach metro Census 46002 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.63M
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.30M

Owner & transaction history

since 2007
2 recorded transactions
2007
Price N/A
2005
$22.5M

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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