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Property profile & analytics

528 1st Colonial Rd Virginia Beach, VA 23451-6120

  • Community centers
  • 4,443 SF
  • 0.91 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-0963196
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

  • Autobell Car Wash / Car Wash

Property Details for 528 1st Colonial Rd

Year built
1979
Construction
TYPE NOT SPECIFIED
Lot size
0.91 lot acres
Property size
4,443 SF
Zone code
B2
Property type
Community centers
APN
24078732750000
APU
24078732750000

Description

This exceptional retail property, located at 528-550 First Colonial Road in Virginia Beach, VA 23451, offers a prime opportunity for businesses seeking high visibility and strong foot traffic. The shopping center encompasses a substantial 270,093 square feet and sits on a generous 16.09-acre lot. Built in 1998, the property is zoned as "7" within Virginia Beach city. Multiple tenancies are currently in place, creating a vibrant and thriving retail environment. For prospective tenants, there is currently 13,280 square feet of vacant space available, divisible into units as small as 5,000 square feet, with a maximum contiguous space of 8,280 square feet. The property's strategic location in Virginia Beach ensures excellent access to a large customer base. This is an ideal opportunity for retailers seeking a well-established location with significant potential for growth. The property's size and layout offer flexibility for a variety of retail uses. Interested parties should inquire about available space and lease terms. The property's location provides easy access to major roadways and ample parking for customers and employees. This is a rare opportunity to secure retail space in a highly desirable location within a thriving shopping center.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Virginia Beach
County
Virginia Beach City
State
Virginia
Longitude
-76.0206
Latitude
36.8466
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
$8,705
$605,700
$273,600
$879,300
-
$605,700
$273,600
$879,300
More about this property
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