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    Property profile & analytics

    5253 Providence Rd Virginia Beach, VA 23464-4201

    • Office Properties & Spaces
    • 4,374 SF
    OFF-MARKET
    Value Estimation
    $690,000
    Last Sale
    Jan 29, 2024
    $670,000
    Location Intelligence
    Property ID
    US87-1038526
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Anthony J. Cavallo, DPM / Podiatrist / Orthopedic Surgeon
    • James P. Callahan, DPM / Podiatrist / Orthopedic Surgeon
    • Tracy L. Klimaz, DPM / Podiatrist / Orthopedic Surgeon
    • Sentara Foot & Ankle Specialists / Medical Office
    • Chad Rizzardi, DPM / Podiatrist / Orthopedic Surgeon

    Property Details for 5253 Providence Rd

    Year built
    1999
    Construction
    FRAME
    Property size
    4,374 SF
    Zone code
    B2
    Property type
    Office Properties & Spaces
    APN
    14664490084682
    APU
    14664490084682

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $670,000

    • CAP approach

      CAP return
      Estimation
      6%
      $755,000
      6.5%
      $700,000
      7%
      $750,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $685,000
      Geo Method
      $780,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $735,000
      Retail
      $810,000
      Mixed-Use
      $610,000
      Hospitality
      $700,000
      Educational
      $680,000
      Residential Income
      $845,000
      Energy
      $710,000
      Income-Based Land
      $740,000
      Food Service
      $775,000

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach City
    State
    Virginia
    Longitude
    -76.1701
    Latitude
    36.8132
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,546
    $152,600
    $306,600
    $459,200
    -
    $152,600
    $306,600
    $459,200

    Comparable in this City

    • Value Estimation by Request
      1,023 SF

      5265 Providence Rd Ste, Unit 500

      CONDOMINIUM OFFICES • 1,023 SF
      5265 Providence Rd Ste, Virginia Beach, VA 23464-4210
      View Details
    • Value Estimation by Request
      958 SF

      5265 Providence Rd Ste, Unit 501

      CONDOMINIUM OFFICES • 958 SF
      5265 Providence Rd Ste, Virginia Beach, VA 23464-4210
      View Details
    • Value Estimation by Request
      958 SF

      5265 Providence Rd Ste, Unit 504

      CONDOMINIUM OFFICES • 958 SF
      5265 Providence Rd Ste, Virginia Beach, VA 23464-4210
      View Details
    • Value Estimation by Request
      807 SF

      1300 Kempsville Rd, Unit 103

      CONDOMINIUM OFFICES • 807 SF
      1300 Kempsville Rd, Virginia Beach, VA 23464-6199
      View Details
    • Value Estimation by Request
      890 SF

      1300 Kempsville Rd, Unit 106

      CONDOMINIUM OFFICES • 890 SF
      1300 Kempsville Rd, Virginia Beach, VA 23464-6199
      View Details
    • Value Estimation by Request
      958 SF

      5265 Providence Rd Ste, Unit 102

      CONDOMINIUM OFFICES • 958 SF
      5265 Providence Rd Ste, Virginia Beach, VA 23464-4206
      View Details

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    Similar Nearby for Lease

    • $22 SF/Yr
      5,826 SF

      Kempsville Road Executive Office Space

      Virginia Beach Office: 859 SF Available
      1446 Kempsville Rd, Virginia Beach, VA 23464
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    • $18 SF/Yr
      10,500 SF

      Prime Virginia Beach Office Space

      Executive Suites, 10,500 SF Available
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    • $18 SF/Yr
      15,963 SF

      Kempsville Office Condo Opportunity

      Two Suites Available, Prime Location
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    • $14 SF/Yr
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      Pleasant Valley Retail Space Available

      Virginia Beach Retail, Office Space - 1,750 SF
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    • Contact for pricing
      18,000 SF

      Office Space in Virginia Beach

      Available office space for lease in Virginia Beach, VA.
      Indian Lakes Blvd, Virginia Beach, VA 23464
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    • $14 SF/Yr
      4,421 SF

      Office Space Available July 2024

      First floor office suite available in July 2024.
      900 Commonwealth Pl, Virginia Beach, VA 23464
      View Details
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    Virginia Beach, VA 23464-4201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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