2401 Seaboard RdVirginia Beach, VA 23456
- Retail properties
- 21,095 SF
Property Details for 2401 Seaboard Rd
- Year built
- 2003
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 5.86 AC
- Property size (Sq ft)
- 21,095 SF
- Zone code
- AG2
- Property type
- Retail properties
- Property subtype
- Community centers
- APN
- 24045302970000
- APU
- 24045302970000
Description
Foxfire Center, a 21,095 square foot strip center in Virginia Beach, Virginia, presents a compelling investment opportunity. Currently, 2,125 square feet of retail space is available for lease, ideal for a variety of businesses. This multi-tenant property enjoys a highly desirable location at the intersection of Princess Anne Road and Seaboard Road, offering excellent visibility and accessibility. The strategic positioning provides convenient proximity to the Virginia Beach Municipal Complex and Courthouse, ensuring a consistent flow of potential customers. The surrounding area boasts strong demographics, characterized by above-average household incomes, creating a robust consumer base for retail establishments. The property's address is 2401 Seaboard Rd, Virginia Beach, VA 23456, within City of Virginia Beach County. This presents a rare chance to secure a well-situated retail space in a thriving Virginia Beach community. The existing building offers ample space for a variety of retail or restaurant uses. The available space is ready for immediate occupancy. Interested parties should inquire about lease terms and conditions.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,753,342
- 6.5%
- $5,310,777
- 7%
- $4,931,436
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,966,129
- Geo Method
- $8,878,151
-
Alternative Use
- Use
- Valuation
- Residential
- $4,479,839
- Hospitality
- $4,103,508
- Educational
- $3,414,071
- Medical
- $3,531,486
- Retail
- $5,310,777
Location Insight
- City
- Virginia Beach
- County
- Virginia Beach City
- State
- Virginia
- Latitude
- 36.7535
- Longitude
- -76.0349
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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