Technical
Financial
Distress signals
Property profile

5483 Virginia Bch Blvd Virginia Beach, VA 23462

OFF-MARKET
Retail space
Property ID
US87-0807174
19,596 SF 1.21 ac lot Built 1986
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property at 5483 Virginia Beach Blvd, Virginia Beach, VA 23462 is a retail-focused commercial asset of approximately 16,000 square feet. It is situated along a major commercial corridor and is positioned for retail use, supported by a cited population of approximately 289,000 people within a 5-mile radius.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1986
Construction TYPE NOT SPECIFIED
Total area 19,596 SF
Lot 1.21 ac (52,714 SF)
Zoning code B2
APN 14674716050000
UPID US87-0807174

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

5483 Virginia Bch Blvd Virginia Beach, VA 23462-1744
Virginia Beach metro Census 40600 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.16M

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Virginia Beach, VA
Zoning description

The purpose of the B-2 Community Business District is to provide land needed for community wide business establishments. This district is intended for general application in the city. It is intended that, by the creation…

General category COMMERCIAL

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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