4448 Virginia Beach BlvdVirginia Beach, VA 23462
- Retail properties
- 1,824 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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