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1896 General Booth Blvd
Virginia Beach, VA 23454
Land For Sale
·
1.00 AC


Executive Summary
Parker Burnell is pleased to offer to qualified investors a Autobell ground lease in the Oceana/Red Mill submarket of Virginia Beach, VA. The property is situated at the corner of heavily trafficked General Booth Boulevard and Culver Lane with excellent visibility. This is a moderately populated area with over 47,579 people living within a 3-mile radius of the property. Average household income within this 1-mile radius exceeds $115,216.00.
The property is centrally located in the Oceana/Red Mill epicenter, and less than 5 miles from the Virginia Beach Oceanfront. Virginia Beach is the largest city in the Commonwealth of Virginia and the 39th largest city in the United States with a city limit population exceeding 450,000 people. Named one of America’s “50 Best Cities to Live” by 24/7 Wall Street, Virginia Beach is internationally recognized as one of the best places to live, work, and do business. The city boasts a skilled, educated workforce, strategic location, low tax rates and a dynamic, diverse economy. Because of its strategic Mid-Atlantic location, both global and U.S. markets are readily accessed through a superior multi-modal transportation network.
The property is located in the affluent Oceana/Red Mill area of Virginia Beach, which enjoys a reputation for a high quality of life thanks to its safety, affordability, top ranking schools and convenient access to surrounding Hampton Roads cities.
The property is centrally located in the Oceana/Red Mill epicenter, and less than 5 miles from the Virginia Beach Oceanfront. Virginia Beach is the largest city in the Commonwealth of Virginia and the 39th largest city in the United States with a city limit population exceeding 450,000 people. Named one of America’s “50 Best Cities to Live” by 24/7 Wall Street, Virginia Beach is internationally recognized as one of the best places to live, work, and do business. The city boasts a skilled, educated workforce, strategic location, low tax rates and a dynamic, diverse economy. Because of its strategic Mid-Atlantic location, both global and U.S. markets are readily accessed through a superior multi-modal transportation network.
The property is located in the affluent Oceana/Red Mill area of Virginia Beach, which enjoys a reputation for a high quality of life thanks to its safety, affordability, top ranking schools and convenient access to surrounding Hampton Roads cities.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Ground Lease (Leasehold) | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.00 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | B2 | ||
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leasehold) |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.00 AC |
| No. Stories | 1 |
| Zoning | B2 |
1 Lot Available
Lot
| Price | $2,241,344 CAD | Lot Size | 1.00 AC |
| Price Per AC | $2,241,344.08 CAD |
| Price | $2,241,344 CAD |
| Price Per AC | $2,241,344.08 CAD |
| Lot Size | 1.00 AC |
Property Taxes
| Parcel Number | 2415-31-5462 | Improvements Assessment | $1,273,693 CAD |
| Land Assessment | $3,670,686 CAD | Total Assessment | $4,944,379 CAD |
Property Taxes
Parcel Number
2415-31-5462
Land Assessment
$3,670,686 CAD
Improvements Assessment
$1,273,693 CAD
Total Assessment
$4,944,379 CAD
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