5263 Greenwich Rd Virginia Beach, VA 23462
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
O2 · Virginia Beach, VAVirginia Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.