5511 Princess Anne Rd

CAROLANNE FARMS homes occupy a practical middle ground in the Virginia Beach market — close enough to the city's major employment centers to make commuting manageable, far enough from the oceanfront to stay grounded in everyday pricing. The neighborhood park system, the walkable commercial strip, and the general stability of the surrounding residential fabric give the area a settled, functional quality that appeals to both families and business owners who want a predictable operating environment. For a commercial property of this size, the surrounding density matters: the daytime and residential population within a half-mile radius is substantial, and Princess Anne Road itself generates consistent traffic counts year-round.

Living in Virginia Beach

Virginia Beach is the largest city in Virginia by population, and that scale brings a level of infrastructure, amenity variety, and economic diversity that smaller Hampton Roads cities simply can't match. The commercial real estate market here reflects that breadth. You'll find everything from oceanfront hospitality assets to inland industrial parks to mixed-use nodes along corridors like Princess Anne Road — and the spread between submarkets is genuinely wide. The 23462 zip code sits firmly in the inland, practical tier of the market, which means lower land costs than the oceanfront while still benefiting from the city's overall employment base and traffic patterns.

For anyone exploring homes for sale in Virginia Beach or commercial investment in the area, the city's positioning within Hampton Roads is worth understanding. Virginia Beach borders Chesapeake to the south, Norfolk to the west, and the Atlantic Ocean to the east — giving it both suburban depth and coastal identity. The city's economy is anchored by tourism, defense, healthcare, and retail, and the military presence in particular creates a steady undercurrent of relocation demand that keeps the broader real estate market active across cycles. Property taxes in Virginia Beach sit in the middle of the regional pack, which is a reasonable trade-off given the city's service levels and infrastructure investment.

What's Nearby

The immediate surroundings of 5511 Princess Anne Road reflect the commercial-meets-residential texture of this part of Virginia Beach. Within a few hundred feet, there's a Burger King, a Dunkin', and Roane's Pizzeria — the kind of quick-service cluster that tells you this stretch of Princess Anne Road sees steady foot and vehicle traffic throughout the day. Jenna's Cafe LLC is roughly a quarter mile away, offering a locally owned alternative for the morning coffee crowd. A Food Lion is less than a mile north, and a Dollar General sits just under a mile from the address as well, giving the surrounding residential population its everyday grocery and convenience options without requiring a long drive.

The recreational infrastructure in the immediate area is notably active. Carolanne Farms Neighborhood Park is about a half mile away, and Carolanne Park is just slightly beyond that — both serving the surrounding residential streets and generating consistent pedestrian movement through the corridor. Woods of Avalon Park rounds out the green space within roughly a mile. The gymnastics community, of all things, has a notable presence here: Gymstrada Gymnastics, Top Flight Gymnastics Camp, and Excalibur Gymnastics are all within about three-quarters of a mile, which speaks to the family-oriented density of the surrounding neighborhoods and the kind of specialized retail and service businesses that find this corridor commercially viable.

For a property of this footprint, the surrounding amenity mix matters as much for employee and client convenience as it does for any residential buyer. The walkability of the immediate block — quick access to food, coffee, and everyday services — makes it a functional address for a business with regular staff.

Military Housing Virginia Beach — The JEB Little Creek-Fort Story Connection

JEB Little Creek-Fort Story is approximately 5.9 miles from this address, a drive that typically runs around 12 minutes under normal conditions — putting this property squarely within the commute radius that military families and defense-affiliated businesses prioritize when evaluating military housing in Virginia Beach. Little Creek is home to a significant portion of the Navy's amphibious forces, and the base population turns over on a regular PCS cycle, generating consistent demand for housing and commercial services in the surrounding zip codes.

The 23462 corridor is one of the areas that military families frequently consider precisely because of that proximity. It offers reasonable access to Little Creek without the premium pricing of the Oceanfront or Great Neck areas, and the surrounding infrastructure — grocery, dining, parks, and arterial road access — checks the practical boxes that matter to families navigating a relocation on a timeline. For anyone thinking about military relocation in Virginia Beach more broadly, this part of the city also offers reasonable access to Naval Station Norfolk (roughly 20-25 minutes west via I-264 or surface streets), which matters for dual-military households or families whose assignments shift between installations.

Homes near JEB Little Creek-Fort Story tend to cluster in a band stretching from the Oceanfront west through the Kempsville and Princess Anne Road corridors — and 5511 Princess Anne Road sits comfortably within that band. For a commercial investor, the military population's consistent presence in this market is a stabilizing factor worth accounting for in any long-term hold analysis.

A Walk Through the Property

Built in 1987, this property reflects the commercial construction norms of that era: functional, durable, and built to accommodate the kind of flexible use that a 17,115-square-foot footprint enables. The 1.55-acre lot is a meaningful differentiator in a city where land at this scale on an arterial corridor is increasingly difficult to assemble. The combination of building size and lot depth creates options — for parking, for outdoor operations, for future expansion, or simply for the kind of site flexibility that businesses with equipment, inventory, or client traffic genuinely need.

The property type is classified as commercial and industrial, which in the Virginia Beach zoning context typically allows for a range of uses spanning light manufacturing, warehousing, professional office, service retail, and mixed commercial operations. The 1987 construction date places this building in a generation of commercial stock that tends to have solid bones without the premium pricing of newer development — a practical consideration for owner-operators who need functional space rather than trophy finishes. There is no HOA, which removes a layer of governance that can complicate commercial operations in some mixed-use developments. The absence of a pool and the non-waterfront classification keep the operational footprint straightforward.

A Day in the Life at This Address

Picture a Tuesday morning at 5511 Princess Anne Road. The Princess Anne Road traffic is already moving by seven, the Dunkin' a few hundred feet away has its line going, and the commercial corridor is doing what it does on a weekday — functioning. By mid-morning, the surrounding residential neighborhoods have emptied out to schools and offices, and the daytime population along this stretch settles into its working rhythm. Lunch options are a short walk or a one-minute drive. By late afternoon, the return traffic picks up on Princess Anne Road, the parks nearby fill with the after-school crowd, and the corridor transitions back into its evening residential mode. For a business operating on a standard weekday schedule, this is a well-calibrated address — active when you need it to be, settled when you don't.

For Military Families Considering This Address

The proximity to JEB Little Creek-Fort Story makes 5511 Princess Anne Road worth a serious look for defense contractors, military-affiliated service businesses, or investors building a portfolio around the military housing Virginia Beach market. The 12-minute commute to the base is genuinely usable, and the surrounding residential density means a workforce that lives nearby. For military families exploring residential options in the same zip code, the 23462 area offers VA loan homes in Virginia Beach at price points that tend to be more accessible than the Oceanfront or Bay area — and the same arterial access that makes this commercial address practical applies to the surrounding neighborhoods as well.

For Hampton Roads Families Upgrading from a Starter Home

For a family-owned business or an investor upgrading from a smaller commercial footprint, a 17,115-square-foot building on 1.55 acres represents a meaningful step up in operational capacity. The Princess Anne Road address provides visibility and access without the lease costs of a newer development, and the lot size creates flexibility that smaller commercial parcels simply don't offer. Virginia Beach's inland corridors have historically provided stable occupancy for owner-operated businesses serving the surrounding residential population.

For Buyers New to Hampton Roads

If you're arriving in Hampton Roads without a strong sense of how the submarkets break down, the 23462 zip code is a useful orientation point. It sits near the geographic center of Virginia Beach, close enough to Norfolk and Chesapeake to make regional movement manageable, and far enough from the oceanfront to stay in practical pricing territory. Princess Anne Road is one of the city's more reliable commercial corridors — not glamorous, but consistently functional.

For Buyers Comparing Commercial Properties in Virginia Beach

Virginia Beach's commercial inventory spans a wide range from new construction flex space near the Town Center to older industrial stock in the inland corridors. Properties of this vintage — 1987, 17,000-plus square feet, arterial frontage — occupy a specific niche: established location, functional scale, and land value that newer in-fill development has largely priced out of comparable corridors. The absence of HOA governance and the lot depth distinguish this address from smaller commercial condos or newer mixed-use product.

Tom and Dariya Milan at LPT Realty specialize in helping buyers and investors navigate exactly this kind of decision in Hampton Roads. Whether you're a business owner evaluating operational space, an investor building a commercial portfolio, or a military family thinking through the next PCS move, reach out at vahome.com or by phone to talk through what 5511 Princess Anne Road could mean for your specific situation.