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Property profile & analytics
OFF-MARKET
Office Spaces

5263 Greenwich Rd Virginia Beach, VA 23462

1.6 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US87-1127161
Property summary
AI-generated overview

This exceptional 1.6-acre waterfront property in Virginia Beach, VA, presents a unique commercial development opportunity. Located at 5263 Greenwich Rd, zip code 23462 (latitude 36.840111, longitude -76.1636539), this land parcel is zoned O-2, permitting a variety of commercial and office uses. Its prime location offers unparalleled access to major transportation arteries, situated near the I-264 and I-64 interchange, ensuring excellent connectivity and accessibility for employees and clients. The property's waterfront location provides stunning views and a desirable setting for a variety of businesses. Ample parking is available, addressing a key concern for many commercial ventures. The significant lot size allows for substantial development potential, catering to a range of project scales and designs. This is an exceptional chance to acquire a highly desirable commercial land parcel in a thriving Virginia Beach location, offering both immediate and long-term investment potential. The property's strategic location and zoning make it an ideal site for a variety of commercial developments, from office buildings to retail spaces. Serious inquiries are encouraged to explore the possibilities this unique waterfront property offers.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Lot 1.6 ac (69,605 SF)
Zoning code O2
APN 14676358500000
UPID US87-1127161
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
The Church In Wrginia Beach · 1 yrs held
The Church In Wrginia Beach
since 2025
Last sale
$300,000
4 recorded transactions
2025
$425,000
2025
Price N/A
2020
$300,000
2008
Price N/A
Zoning & alternative use
O2 · Virginia Beach, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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