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Property profile & analytics
OFF-MARKET
Commercial real estate

6024 Virginia Beach Blvd Norfolk, VA 23502

0.36 ac lot Built 1960
Entity Owned 3-yr Hold
Property ID
US87-3405128
Property summary
AI-generated overview

This exceptional 0.36-acre commercial lot presents a unique investment opportunity in the vibrant city of Norfolk, Virginia. Situated at 6024 E Virginia Beach Boulevard, this property boasts a highly desirable location with excellent visibility and accessibility. The expansive lot offers significant potential for a variety of commercial developments, catering to diverse business needs. Its strategic placement ensures high traffic volume, maximizing exposure and attracting a substantial customer base. The address, 6024 E Virginia Beach Boulevard, places the property within easy reach of major transportation arteries, facilitating convenient access for both employees and customers. The 0.36-acre size provides ample space for ambitious projects, allowing for substantial building footprints and ample parking. This prime location in Norfolk offers a compelling blend of convenience, visibility, and development potential, making it an exceptional investment opportunity for discerning buyers seeking a strategic foothold in a thriving market. The asking price of $900,000 reflects the significant value and potential of this exceptional property. Serious inquiries are encouraged to explore the possibilities this land offers. Further details regarding zoning and development regulations are readily available upon request.

Property profile
Verified
Property type Commercial real estate
Year built 1960
Lot 0.36 ac (15,682 SF)
UPID US87-3405128
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kreativity Agency Marketing Advertising Agency Marketing & Advertising
  • T Apruebo driving school Training Center Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Air Tek LLC · 3 yrs held
Air Tek LLC
since 2022
1 recorded transaction
2022
$500,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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