Property profile

Virginia Beach, VA 23452

OFF-MARKET
Industrial properties
Property ID
US87-1912656
1,361 SF 3.57 ac lot Built 1999
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1999
Total area 1,361 SF
Lot 3.57 ac (155,379 SF)
Zoning code I2
APN 14967468680000
UPID US87-1912656

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Virginia Beach, VA 23452
Virginia Beach metro Census 45407 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2017
4 recorded transactions
2017
Price N/A
2013
Price N/A
2011
Price N/A
1969
Price N/A

Zoning & alternative use

I2 · Virginia Beach, VA
Zoning description

The purpose of the I-2 Heavy Industrial District is to permit industrial operations, wholesaling, warehousing and distribution in areas suitable for these functions.

General category INDUSTRIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Own this property?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message