2325 Virginia Beach BlvdVirginia Beach, VA 23454
- Retail properties
- 10,112 SF
Property Details for 2325 Virginia Beach Blvd
- Year built
- 1969
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.31 AC
- Property size (Sq ft)
- 10,112 SF
- Zone code
- B2
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 14979580480000
- APU
- 14979580480000
Description
This exceptional Class A retail property, totaling 2,600 square feet, is situated at the high-traffic intersection of London Bridge Boulevard, North Great Neck Road, and Virginia Beach Boulevard/Laskin Road. The building, constructed in 2025, offers excellent visibility with over 39,000 vehicles passing daily. Currently, the entire 2,600 square feet is available for lease, divisible to a minimum of 1,300 square feet. The property boasts a prime location across the street from established businesses like Starbucks and TJ Maxx Home Goods, ensuring high foot traffic and brand recognition. Enjoy immediate access to Laskin Road and Interstate 264, providing convenient access for customers and employees. The surrounding area features strong demographics, including a high population density, average household income, and a gateway to affluent Hilltop neighborhoods. This freestanding, single-story building presents a unique opportunity for businesses seeking high visibility and accessibility in a thriving retail market. The property is comprised of two suites, each offering ample space for a variety of retail uses. Don't miss this chance to establish your business in this exceptional location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,138,922
- 6.5%
- $2,897,467
- 7%
- $2,690,505
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,265,123
- Geo Method
- $4,255,789
-
Alternative Use
- Use
- Valuation
- Residential
- $2,444,122
- Hospitality
- $2,238,802
- Educational
- $1,862,657
- Medical
- $1,926,717
- Retail
- $2,897,467
Location Insight
- City
- Virginia Beach
- County
- Virginia Beach City
- State
- Virginia
- Latitude
- 36.8412
- Longitude
- -76.0499
- 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
FAQs
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