5600 Virginia Bch Blvd Virginia Beach, VA 23462-5676
Property profile & analytics
5600 Virginia Bch Blvd Virginia Beach, VA 23462-5676
- Office buildings
- 9,638 SF
- 4.00 lot acres
Property ID
US87-0670250
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Purity Skin Spa & Wax Studio / Hair Salon / Nail Salon
- Zontini Event Decorators Flowers and Balloons / (Bike/Boat/Book/etc) Store / Florist
- Nude Secrets / Spa & Massage Center / Skin Care Clinic
- Amare Luxury Salon Suites / Hair Salon / Nail Salon
- Zontini Event Decorator Flowers and Balloons / (Bike/Boat/Book/etc) Store / Florist
Property Details for 5600 Virginia Bch Blvd
- Year built
- 1985
- Construction
- FRAME
- Lot size
- 4.00 lot acres
- Property size
- 9,638 SF
- Zone code
- B2
- Property type
- Office buildings
- APN
- 14672899860000
- APU
- 14672899860000
Description
Executive Cove Center offers exceptional office space in Virginia Beach, VA. This mixed-use property boasts a prime location on Virginia Beach Boulevard, a high-traffic thoroughfare with approximately 40,000 vehicles per day. The center comprises three two-story buildings totaling 17,310 square feet, with five suites available, ranging from 1,500 to 3,250 contiguous square feet; 8,575 square feet are currently vacant. The property features excellent visibility and accessibility, benefiting from an end-cap location with signage opportunities and abundant parking. A monument sign is also available. Its strategic location provides easy access to major roadways, including I-264 and I-64, placing it within a five-mile radius of Norfolk International Airport, Virginia Beach Town Center, and Military Circle Mall. The area offers a high daytime population of 81,986 within a three-mile radius, encompassing significant employers such as Sentara Leigh Oncology Center, various car dealerships, furniture stores, and the Town Center of Virginia Beach. Public transportation is readily available via a nearby bus line. This is an ideal opportunity for businesses seeking a prominent and convenient location in a thriving commercial area. The property's mixed-use nature, combining retail frontage on Virginia Beach Boulevard with office buildings in the rear, provides a dynamic and versatile environment.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,175,000
- 6.5%
- $2,010,000
- 7%
- $1,865,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,122,000
- AI Estimate
- $1,622,000
Market price range: $1.07M - $2.12MMarket price range: $324k - $1.62M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,670,000 Current use
- RETAIL STORES
- $2,785,000 Change: +67% Conversion: Moderate
- MEDICAL BUILDING
- $2,270,000 Change: +36% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $1,410,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Virginia Beach
- County
- Virginia Beach City
- State
- Virginia
- Longitude
- -76.1754
- Latitude
- 36.8545
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$42,388
$1,412,600
$2,869,000
$4,281,600
-
$1,412,600
$2,869,000
$4,281,600
