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Financial
Distress signals
Property profile

5361 Cleveland St Virginia Beach, VA 23462

OFF-MARKET
Industrial properties
Property ID
US87-2748946
20,134 SF 1.75 ac lot Built 1980
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$38k
Tax billed · 2024
Assessed value$3.94M
Assessed land$382k
Assessed improvement$3.56M
Effective rate0.97%

Value estimate

· Oct 2026
$2.92M
$2.63M – $3.21M
CAP approach$2.03M
Submarket $/SF estimate$3.49M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$147/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$85 – $173

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I1
The purpose of the I-1 Light Industrial District is to permit light industrial uses, wholesaling, storage, packaging, distribution, and r...
General categoryINDUSTRIAL
JurisdictionVIRGINIA BEACH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant23.6
Pharmacy20.6
Building Supply19.6

Location

5361 Cleveland St Virginia Beach, VA 23462-6524
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4740 Baxter, Virginia Beach, VA 23462-4484 $8,200,500 Aug 2024 32,191 SF
5792 Arrowhead, Virginia Beach, VA 23462-3219 $1,250,000 Mar 2023 11,907 SF
120 Jersey, Virginia Beach, VA 23462-2508 $1,375,000 Dec 2022 13,054 SF
4987 Cleveland St, Virginia Beach, VA 23462-5315 $1,750,000 Sep 2022 14,220 SF
5250 Challedon, Virginia Beach, VA 23462-6304 $1,300,000 Jan 2022 15,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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