2325 Virginia Beach BlvdVirginia Beach, VA 23454

  • Retail properties
  • 10,112 SF
For Lease

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
2325 Virginia Beach Blvd, Virginia Beach, Virginia

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

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
$8,353
$428,000
$415,700
$843,700
-
$428,000
$415,700
$843,700

FAQs

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