Professional grm calculator optimized for retail properties in Virginia Beach. Local market data shows 6.1% average cap rates and $375,000 median property values.
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The Virginia Beach, VA retail real estate market offers unique investment opportunities. With a median home price of $375,000 and average cap rates of 6.1%,retail properties in this market present a strong yield profile.
Current market conditions show properties averaging 34 days on market, with year-over-year appreciation of 4.6%. Average cash-on-cash returns for retail investments in Virginia Beach are approximately 9.7%.