1932 KempsvilleVirginia Beach, VA 23464

  • Office buildings
  • 14,352 SF
Off market
$1,860,900 Estimated

Property Details for 1932 Kempsville

Year built
2008
Construction
FRAME
Lot size
1.21 AC
Property size (Sq ft)
14,352 SF
Zone code
B2
Property type
Office buildings
APN
14558143550000
APU
14558143550000

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,017,820
    6.5%
    $2,785,680
    7%
    $2,586,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,610,740
    Geo Method
    $2,396,930
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,519,900
    Retail / Commercial
    $2,823,620
    Mixed-Use / Specialty
    $2,808,070
    Hospitality / Lodging
    $2,053,060
    Institutional / Educational
    $2,917,300
    Residential Income
    $3,413,250
    Multifamily
    $4,124,060
    Automotive / Energy
    $2,500,550
    Parking / Income-Based Land
    $868,325
    Restaurant / Food Service
    $1,448,800
    Healthcare / Senior Housing
    $2,885,250

Location Insight

City
Virginia Beach
County
Virginia Beach City
State
Virginia
Latitude
36.779
Longitude
-76.1933
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
$18,423
$1,041,000
$819,900
$1,860,900
-
$1,041,000
$819,900
$1,860,900

FAQs

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