Financial
Distress signals
Property profile

545 1st Colonial Rd Virginia Beach, VA 23451

OFF-MARKET
Drive through restaurants
Property ID
US87-0863931
4,494 SF 1.08 ac lot Built 1996
Last sale Feb 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?

$22k
Tax billed · 2024
Assessed value$2.20M
Assessed land$983k
Assessed improvement$1.22M
Effective rate0.99%
Value estimate · Sep 2026
$700k
$630k – $770k
AI approach$485k
Sales comparison$918k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$451/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$196 – $773
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?

B2
The purpose of the B-2 Community Business District is to provide land needed for community wide business establishments. This district is...
General categoryCOMMERCIAL
JurisdictionVIRGINIA BEACH CITY
Location intelligence

Which uses thrive at this corner?

Best fit: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel11.2
Law Firm9.7
Electrical Service11.3

Location

545 1st Colonial Rd Virginia Beach, VA 23451-6119
County assessor Recorded deeds · 1 transfer 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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