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Financial
Distress signals
Property profile

6465 College Park Sq Virginia Beach, VA 23464

FOR LEASE
Office buildings
Property ID
US87-1038698
34,896 SF 1.91 ac lot Built 1981
Last sale Mar 2022 · $1,474,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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

College Park III and College Park IV are suburban office buildings located at 6465 and 6477 College Park Square. College Park IV contains 37,564 square feet, and College Park III contains 32,983 square feet, for a combined portfolio total of 70,547 square feet. The buildings are centrally positioned with convenient access to Military Highway, Providence Road, and Indian River Road, and Interstate 64 is approximately one-half mile away. The properties are situated near commercial and retail…

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?
$15k
Tax billed · 2024
Assessed value$1.53M
Assessed land$973k
Assessed improvement$554k
Effective rate0.99%

Value estimate

· Oct 2026
$635k
$572k – $699k
Submarket $/SF estimate$4.24M
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$5k
Operating expenses−$17k
NOI · 161,866.67% cap applied$29k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$184/SF
Submarket average, outlier-cleaned · 161 recorded sales of this use type
Observed band · Q1–Q3$121 – $266

Cap rate analysis

How does the asset earn?
161,866.67%
$29k 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
JurisdictionVIRGINIA BEACH CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.0
Law Firm12.6
Dental Office12.2

Location

6465 College Park Sq Virginia Beach, VA 23464
County assessor Recorded deeds · 1 transfer Qualifying 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 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1444 Kempsville, Virginia Beach, VA 23464-7302 $3,290,000 Jun 2024 4,932 SF
6477 College Park, Virginia Beach, VA 23464-3611 $2,900,000 Nov 2022 19,905 SF
1330 Sentara, Virginia Beach, VA 23464-5884 $19,610,000 Oct 2022 107,248 SF
6200 Pardue, Virginia Beach, VA 23464-2107 $580,000 Jun 2022 6,523 SF
900 Commonwealth, Virginia Beach, VA 23464-4517 $1,900,000 May 2021 20,052 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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