Technical
Financial
Distress signals
Property profile

549 Progress Ln Ste 102 Virginia Beach, VA 23454

OFF-MARKET
Warehouses
Property ID
US87-0865680
2,159 SF Built 2009
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2009
Total area 2,159 SF
Zoning code B4C
APN 14966960470102
UPID US87-0865680

Cap rate & NOI

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

Location

549 Progress Ln Ste, Unit 102 Virginia Beach, VA 23454-3476
Virginia Beach metro Census 45407 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.34M
Blend (final) Blend
$3.30M

Owner & transaction history

since 2024
Last sale
$3.3M
1 recorded transaction
2024
$3.3M

Zoning & alternative use

B4C · Virginia Beach, VA
Zoning description

The purpose of the B-4C Central Business Mixed Use District is to provide an area that complements the Central Business Core District through quality mixed use development at intensities and patterns that support multipl…

General category MIXED_USE

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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