801 1st ColonialVirginia Beach, VA 23451

  • Retail properties
  • 2,376 SF
Off market
$1,856,900 Estimated

Property Details for 801 1st Colonial

Year built
2001
Construction
FRAME
Lot size
1.23 AC
Property size (Sq ft)
2,376 SF
Zone code
B2
Property type
Retail properties
Property subtype
Drive through restaurants
APN
24077936940000
APU
24077936940000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $737,547
    6.5%
    $680,813
    7%
    $632,184
  • Comparable approach

    Method
    Valuation
    Relative Method
    $767,201
    Geo Method
    $999,976
  • Alternative Use

    Use
    Valuation
    Residential
    $574,291
    Hospitality
    $526,048
    Educational
    $437,666
    Medical
    $452,718
    Retail
    $680,813
801 1st Colonial, Virginia Beach, Virginia

Location Insight

City
Virginia Beach
County
Virginia Beach City
State
Virginia
Latitude
36.8533
Longitude
-76.0236
CBSA code
47260
CBSA name
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,383
$1,241,800
$615,100
$1,856,900
-
$1,241,800
$615,100
$1,856,900

FAQs

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