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Financial
Distress signals
Property profile

5632 Virginia Bch Blvd Virginia Beach, VA 23462

OFF-MARKET
Retail space
Property ID
US87-0290500
13,337 SF 1.74 ac lot Built 1930
Last sale Oct 2020
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a mixed-use portfolio totaling 62,608 square feet on 11.58 acres, made up of four distinct buildings at 5632 Virginia Beach Blvd, 5620 Virginia Beach Blvd, 470 Newtown Road, and 500 Newtown Road. The 5632 Virginia Beach Blvd building contains 13,337 square feet and has a site and interior layout oriented toward service and repair-warehouse/garage-style operations, including signage. The 5620 Virginia Beach Blvd building is 2,968 square feet and is configured for use as…

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?
$20k
Tax billed · 2024
Assessed value$2.04M
Assessed land$1.49M
Assessed improvement$544k
Effective rate0.99%

Value estimate

· Oct 2026
$1.74M
$1.57M – $1.91M
CAP approach$2.15M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$289/SF
Submarket average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$187 – $372
Qualifying comparables6

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office19.6
Building Supply19.1
Realty agency17.2

Location

5632 Virginia Bch Blvd Virginia Beach, VA 23462-5631
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales 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 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5327 Virginia Bch, Virginia Beach, VA 23462-1889 $1,580,000 Oct 2021 11,139 SF
4859 Virginia Bch, Virginia Beach, VA 23462-2722 $1,050,000 Nov 2020 10,100 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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