6672 Indian River RdVirginia Beach, VA 23464

  • Retail properties
  • 2,921 SF
For Lease
$16.50/SF/YR View listing

Property Details for 6672 Indian River Rd

Year built
1966
Construction
TYPE NOT SPECIFIED
Lot size
0.35 AC
Property size (Sq ft)
2,921 SF
Zone code
B2
Property type
Retail properties
Property subtype
Retail space
APN
14469650960000
APU
14469650960000

Description

This exceptional retail space, located at 6672 Indian River Road in Virginia Beach, VA 23464, presents a unique leasing opportunity. The property is situated within a strip center and offers a total of 1,900 square feet of readily available space, perfect for a variety of retail businesses. Its prime location ensures high visibility and significant foot traffic, making it an ideal choice for businesses seeking maximum exposure. The property's address is easily accessible, providing convenient access for customers and employees alike. The building itself is part of a multi-tenant strip center, offering a collaborative environment and shared amenities. This space is currently vacant and ready for immediate occupancy, allowing for a swift and efficient start to your business operations. The property is located in a high-traffic corridor, ensuring a steady stream of potential customers. Detailed specifications regarding building features and lease terms are available upon request. Don't miss this chance to establish your business in a thriving Virginia Beach location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $796,658
    6.5%
    $735,377
    7%
    $682,850
  • Comparable approach

    Method
    Valuation
    Relative Method
    $826,123
    Geo Method
    $1,229,347
  • Alternative Use

    Use
    Valuation
    Residential
    $620,318
    Hospitality
    $568,208
    Educational
    $472,742
    Medical
    $489,001
    Retail
    $735,377
6672 Indian River Rd, Virginia Beach, Virginia

Location Insight

City
Virginia Beach
County
Virginia Beach City
State
Virginia
Latitude
36.82
Longitude
-76.2223
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
$3,976
$218,400
$183,200
$401,600
-
$218,400
$183,200
$401,600

FAQs

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