67 days on market
$899,999
1702 Southern Blvd
Virginia Beach, Virginia 23454
MLS# 10623396 · OCEANA · Virginia Beach VA
Updated Apr 17, 2026 · Source: REIN MLS
Est. payment
$5,197/mo
Edit below
Price / sq ft
$187
4,804 sq ft
Days on market
67
HOA
None
Year built
1955
71 yrs old
Beds
0
Full Baths
0
Half Baths
0
Sq Ft
4,804
Garage
No
About this home
Excellent opportunity to purchase this well-located commercial property. The space offers convenient access to major roads, making it ideal for a variety of business uses. The property features ample parking, flexible interior layout, and strong exposure in a growing commercial corridor. Suitable for office, retail, or service-based businesses.
Listed by Leo Vasquez · Coalesce Real Estate Inc
VaHome Team property overview
1702 Southern Blvd is a 4,804-square-foot commercial property on a half-acre lot in Virginia Beach's Oceana neighborhood, built in 1955 and sitting just three minutes from NAS Oceana — a rare combination of size, location, and operational flexibility.
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Why this home stands out
Half an acre in a dense, established Virginia Beach corridor is genuinely hard to find, and 4,804 square feet of commercial-grade space makes this address stand apart from the smaller storefronts and office suites that dominate the area. The 1955 construction gives the building solid bones, while the lot size opens the door to parking, outdoor operations, storage, or future expansion that tighter parcels simply can't accommodate.
OCEANA and the Virginia Beach real estate market
The Oceana neighborhood sits in the heart of Virginia Beach, anchored by the presence of NAS Oceana and shaped by decades of military and civilian life growing up side by side. It's a working, lived-in part of the city — not a resort strip, not a suburban cul-de-sac maze — with a practical, community-first energy that regulars appreciate. Southern Blvd itself is a connector road that keeps you close to everything without dropping you into tourist-district traffic. Anyone browsing houses for sale va beach will notice that Oceana offers a distinctly different pace from the Oceanfront or Town Center: quieter, more grounded, and genuinely convenient. Virginia Beach's broader amenities — beaches, greenways, retail corridors — are all within easy reach, and the neighborhood's proximity to two major installations means steady foot traffic and a built-in community of people who value reliability and proximity above all else.
What's nearby
Day-to-day errands are easy from 1702 Southern Blvd. Mermaids VB is just 0.1 miles away for a quick bite, and Wawa at 0.3 miles covers coffee, snacks, and fuel in one stop. A 7-Eleven sits at the same distance for late-hour convenience. Grocery runs land at Amoco, Speedy's Sauce Shop, or Target Grocery, all within half a mile. For fitness, Coastal All-Stars Cheer & Tumble is right at 0.1 miles, VB Aerial Arts Collective is 0.4 miles out, and Vault Athletics & Fitness Inc. is under a mile. Oceana Gardens Park at 0.5 miles and Wild Life Pond at 0.9 miles give the surrounding area genuine green space.
For different buyers
For military families relocating
Three minutes to NAS Oceana and nine minutes to Dam Neck Annex — the location math is hard to argue with. Whether you're thinking about a business that serves the military community or simply want a commercial foothold close to base, BAH-supported buyers and VA loan-eligible purchasers will find this address fits neatly into the kind of practical, proximity-first decision-making that military life demands.
For buyers drawn to character
A 1955 commercial building on a half-acre in an established Virginia Beach neighborhood carries a kind of presence that newer construction rarely achieves. The bones are solid, the lot is generous, and the address has genuine history in a community that's been here long enough to have real character. If you're drawn to properties with a story and room to write the next chapter, 1702 Southern Blvd is worth a close look.
Frequently asked questions
How far is 1702 Southern Blvd from NAS Oceana?
The property is approximately a 3-minute drive from NAS Oceana, making it one of the closest commercial addresses to the base in Virginia Beach.
How far is 1702 Southern Blvd from Dam Neck Annex?
Dam Neck Annex is roughly a 9-minute drive from 1702 Southern Blvd, a short commute along well-traveled Virginia Beach roads.
What is the lot size at 1702 Southern Blvd?
The lot measures approximately 0.5079 acres — just over half an acre — which is notably generous for a commercial parcel in this part of Virginia Beach.
Is 1702 Southern Blvd in a flood zone?
Flood zone designation for this address is detailed in the FloodRisk tile on this page; reviewing that information alongside any due-diligence steps is always a good idea for commercial properties.
What kind of commercial uses are common in the Oceana neighborhood of Virginia Beach?
The Oceana area supports a mix of service businesses, light industrial operations, retail, and trades-oriented uses, largely reflecting the needs of the surrounding residential community and the nearby military installations.
Curious about what 1702 Southern Blvd could look like for your plans? Tom and Dariya Milan at LPT Realty know this Virginia Beach corridor well — reach out and let's talk through it.
Summary generated by AI from public records and publicly available information.
Location & Neighborhood
Places within ~1 mile, ordered by distance from this property. Powered by Google Places.
Flood Risk
Property Details
Bedrooms
0
Full Baths
0
Half Baths
0
Approx Sq Ft
4,804
Stories
0
Fireplaces
0
Flooring
N/A
Heating
Cooling
Laundry
Interior Features
N/A
Sale & Tax History
List Price
$899,999
Price / Sq Ft
$187
Annual Taxes
$3,171
Monthly Tax
$264
HOA
None
Tax Rate (effective)
0.35%
Sale Timeline (this listing)
| Event | Date | Price | Detail |
|---|---|---|---|
| Listed | Mar 3, 2026 | $899,999 | — |
| Currently listed | — | $899,999 | — |
Public-Records Assessment
Source: Virginia Beach via Hampton Roads Regional Parcels. Fetched May 11, 2026.
Total Assessed
$326,900
Land
$94,900
Improvement
$232,000
Parcel ID: 24077483460000 · View on city GIS portal
Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:
Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.
Comparable Properties
Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.
About buying in Virginia Beach
Homes for sale in Virginia Beach, VA span every price point and lifestyle — from oceanfront condos along the famous Boardwalk to sprawling waterfront estates on the Lynnhaven River and Linkhorn Bay. As the largest city in Hampton Roads, Virginia Beach offers an unusually varied real estate market: established family neighborhoods in Great Neck (ZIP 23454), golf-course communities in Kempsville (23464), modern townhomes near Town Center (23462), and beach-cottage living along Sandbridge (23456). Whether you're searching for a starter home under $300K, a family home in a top-rated school district, or a luxury property north of $2 million, the active MLS inventory updates daily here. Buyer demand stays strong year-round, driven by Virginia Beach's mild coastal climate, the consistently top-ranked Virginia Beach City Public Schools (Kempsville High, Floyd E. Kellam High, Princess Anne High, and Cox High among them), and the city's role as home to Naval Air Station Oceana — the largest master jet base in the country. Military families relocating here through PCS orders make up a meaningful share of buyers, and VA loan financing is widely used. First-time buyers gravitate toward the inland ZIPs (23464, 23456, 23452), while second-home and luxury buyers tend toward 23451 (Oceanfront/North End) and 23454 (Great Neck/Bay Colony). Below you'll find every active Virginia Beach home for sale pulled live from the REIN MLS and refreshed every 5 minutes.
Military Commute
Drive times to nearest basesDrive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.
Estimate your monthly payment
$5,197/moPrincipal & interest
$4,670
Property tax
$264
Home insurance
$262
PMI
None
HOA
None
Estimate only. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.
Listed by Coalesce Real Estate Inc · MLS# 10623396
Data provided by REIN MLS. Information deemed reliable but not guaranteed.
$899,999
1702 Southern BLVD, VIRGINIABEACH VA 23454
Virginia Beach, Virginia 23454
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