1552 General Booth BlvdVirginia Beach, VA 23454

  • Commercial land
  • 1.44 AC

Property Details for 1552 General Booth Blvd

Lot size
1.44 AC
Zone code
B2
Property type
Commercial land
APN
24155557650000
APU
24155557650000

Description

This exceptional retail opportunity presents three available outparcels totaling approximately 0.83 to 0.94 acres at the high-traffic intersection of General Booth Boulevard and Dam Neck Road in Virginia Beach, Virginia. Situated within the thriving General Booth corridor, this property benefits from a robust and rapidly growing year-round population, further enhanced by significant tourist traffic due to its convenient proximity to the Virginia Beach Oceanfront. The site offers a unique blend of established commercial presence and high visibility, making it ideal for a variety of retail uses. Each outparcel presents a blank canvas for development, with ground lease and build-to-suit options available to accommodate individual business needs and expansion plans. The total building square footage is currently 1 square foot, and the entire site is currently vacant, providing complete flexibility for future construction. Located in Lower Norfolk County, at 1552 General Booth Blvd, Virginia Beach, VA 23454 (36.787094, -75.997975), this property offers unparalleled access to a large and diverse customer base. This is a rare chance to establish a strong retail presence in a highly desirable and rapidly developing area. The property's strategic location and flexible development options make it an exceptional investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,744,441
    Hospitality
    $13,505,829
    Educational
    $11,236,691
    Medical
    $11,623,138
    Retail
    $17,479,298

Location Insight

City
Virginia Beach
County
Virginia Beach City
State
Virginia
Latitude
36.7871
Longitude
-75.998
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
$14,174
$1,431,700
-
$1,431,700
-
$1,431,700
-
$1,431,700

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