Technical
Financial
Distress signals
Property profile

5253 Indian Riv Rd Virginia Beach, VA 23464

OFF-MARKET
Retail space
Property ID
US87-0780286
4,900 SF 0.54 ac lot Built 1981
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1981
Construction TYPE NOT SPECIFIED
Total area 4,900 SF
Lot 0.54 ac (23,697 SF)
Zoning code B2
APN 14653778830000
UPID US87-0780286

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
  • Construction Company General Contractor

Location

5253 Indian Riv Rd Virginia Beach, VA 23464-6128
Virginia Beach metro Census 46223 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$930k
CAP Approach CAP
$790k
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$915k

Owner & transaction history

since 2023
Last sale
$900,000
1 recorded transaction
2023
$900,000

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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