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INVESTMENT HIGHLIGHTS
- Free standing 5,957 RSF Building
- Excellent location with prominent signage
- Ample Parking with 35 spaces
EXECUTIVE SUMMARY
Introducing a prime opportunity in Virginia Beach, this 5,957 RSF building presents an opportunity for a user buyer to acquire a free standing property with a versatile space suited for a wide variety of retail businesses, and office uses with excellent access and exceptional visibility. With a strategic location in the heart of the Kempsville submarket of Virginia Beach, this property is a compelling asset for those seeking to capitalize on the vibrant retail landscape of the area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,957 SF
Building Class
B
Year Built
2006
Price
$1,325,000
Price Per SF
$222.43
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.17
Lot Size
0.83 AC
Zoning
B2 - Versatile Retail Use
Parking
35 Spaces (5.88 Spaces per 1,000 SF Leased)
Frontage
86’ on Kempsville Rd
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1465-48-1716 | Improvements Assessment | $573,600 |
| Land Assessment | $825,400 | Total Assessment | $1,399,000 |
PROPERTY TAXES
Parcel Number
1465-48-1716
Land Assessment
$825,400
Improvements Assessment
$573,600
Total Assessment
$1,399,000
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1320 Kempsville Rd
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