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Financial
Distress signals
Property profile

5400 Virginia Beach Blvd Virginia Beach, VA 23462

FOR LEASE
Distribution centers
Property ID
US87-2631976
75,280 SF 7.42 ac lot Built 1965
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$57k
Tax billed · 2024
Assessed value$5.83M
Assessed land$1.78M
Assessed improvement$4.05M
Effective rate0.97%

Value estimate

· Oct 2026
$5.76M
$5.18M – $6.34M
Submarket $/SF estimate$3.96M
NOI build-up
Gross scheduled income$1.12M
Vacancy & credit loss−$41k
Operating expenses−$324k
NOI · 7,556,380.00% cap applied$756k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
Submarket average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$89 – $313

Cap rate analysis

How does the asset earn?
7,556,380.00%
$756k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office22.5
Realty agency21.2
Pharmacy17.1

Location

5400 Virginia Beach Blvd Virginia Beach, VA 23462
County assessor Recorded deeds · not on file 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

5 recorded sales · 17 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5457 Greenwich, Virginia Beach, VA 23462-6539 $8,860,000 Mar 2022 115,324 SF
5469 Greenwich, Virginia Beach, VA 23462-6511 $4,340,000 Jul 2021 85,261 SF
400 Davis, Virginia Beach, VA 23462-5612 $215,000 Mar 2019 1,056 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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