Financial
Distress signals
Property profile

6365 Indian River Rd Virginia Beach, VA 23464

FOR LEASE
Auto shops
Property ID
US87-1038760
2,070 SF 1.61 ac lot Built 1986
Last sale Oct 2022 · $2,535,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Kings Creek Shoppes is a retail center in the College Park area of Virginia Beach, located near the intersection of Indian River Road and South Military Highway, with proximity to Interstate 64 and Interstate 264. The property features monument signage. Retail space is available within the center, including a unit measuring approximately 1,940 square feet.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$17k
Tax billed · 2024
Assessed value$1.70M
Assessed land$890k
Assessed improvement$810k
Effective rate0.99%

Value estimate

· Sep 2026
$2.31M
$2.08M – $2.54M
AI approach$2.29M
Sales comparison$2.25M
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$1k
Operating expenses−$9k
NOI · 169,300.00% cap applied$20k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$708/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$337 – $1,087

Cap rate analysis

How does the asset earn?
169,300.00%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.5
Realty agency12.8
Skin Care Clinic9.3

Location

6365 Indian River Rd Virginia Beach, VA 23464
County assessor Recorded deeds · 4 transfers Comp sales · not on file 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 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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