4448 Virginia Beach BlvdVirginia Beach, VA 23462

  • Retail properties
  • 1,824 SF
For Lease

Property Details for 4448 Virginia Beach Blvd

Year built
1978
Construction
TYPE NOT SPECIFIED
Lot size
0.37 AC
Property size (Sq ft)
1,824 SF
Zone code
B2
Property type
Retail properties
Property subtype
Retail space
APN
14776564460000
APU
14776564460000

Description

This exceptional 1,824 square foot retail space is ideally situated on Virginia Beach Boulevard in Virginia Beach, VA (zip code 23462). The entire space is currently vacant and presents a unique opportunity for a business seeking high visibility and excellent foot traffic. Located directly on Virginia Beach Boulevard, this property boasts unparalleled exposure to a large volume of daily commuters and shoppers. The property's strategic location offers significant advantages, positioned next to a renovated medical facility (formerly HOP) and adjacent to the Virginia Beach Town Center. This prime location ensures strong brand recognition and easy accessibility for customers. The property is classified as retail, with multiple tenancy options available within the single 1,824 square foot unit. The building is located in Virginia Beach City County, offering access to a thriving local market and a diverse customer base. This is an exceptional opportunity to establish a successful business in a high-traffic area with excellent visibility and proximity to key amenities. The property's size and location make it suitable for a wide range of retail businesses. Don't miss this chance to secure a prominent location on one of Virginia Beach's busiest thoroughfares.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $566,198
    6.5%
    $522,644
    7%
    $485,313
  • Comparable approach

    Method
    Valuation
    Relative Method
    $588,962
    Geo Method
    $767,658
  • Alternative Use

    Use
    Valuation
    Residential
    $440,870
    Hospitality
    $403,835
    Educational
    $335,986
    Medical
    $347,541
    Retail
    $522,644
4448 Virginia Beach Blvd, Virginia Beach, Virginia

Location Insight

City
Virginia Beach
County
Virginia Beach City
State
Virginia
Latitude
36.844
Longitude
-76.1291
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
$8,318
$752,100
$88,100
$840,200
-
$752,100
$88,100
$840,200

FAQs

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