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1060 First Colonial Rd; Virginia Beach, VA Property Details

1060 First Colonial Rd, Virginia Beach, VA is a Charitable Organization that was built in 1963. This property is not for sale. Our records show that 1060 First Colonial Rd has a total of 567,701 square feet. The lot size of 1060 First Colonial Rd is 1,260,034 square feet.

Off market
1060 First Colonial Rd Virginia Beach, VA 23454
$150,676,700 Estimated Value
567,701 SqFt
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1963
  • APN: 240-863-39870-000
  • Situs County: Virginia Beach City

Structure

  • Building Style: Concrete
  • Stories: 4
  • Building Condition: Average
  • Building Quality: B
  • Roof Cover Type: Rock / Gravel
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 567,701/SqFt
  • Lot: 1,260,034/SqFt
  • Gross: 567,701/SqFt
  • Living: 567,701/SqFt
  • Building: 567,701/SqFt
  • Ground: 28,665/SqFt

Legal Description

  • Description: LINK BAY PARCEL A 28.9264 AC
Building Insights

Land Information

  • Property Type: Charitable organization
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Virginia Beach City Public Schools
  • Lat / Lon: 36.86476 / -76.026344
  • Subdivision: Link Bay
  • Property Class: Exempt
  • Zoning: O2
  • County Use Code: 711

Amenities

  • Plus Four: 3002
  • Cooling: None

Ownership Info

1060 First Colonial Rd has no associated ownership info
1060 First Colonial Rd has no associated ownership info.

Taxes

1060 First Colonial Rd has 8 associated Taxes items

1060 First Colonial Rd, Virginia Beach, VA pays taxes in Virginia Beach City County, VA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $150,676,700. The APN we've located for 1060 First Colonial Rd is 240-863-39870-000.

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Taxes
  • Assessed Value:  $150,676,700
  • Assessed Year:  2025
  • Assessed County:  Virginia Beach City
  • APN:  240-863-39870-000
  • Assessed Land Value:  10239000
  • Market Land Value:  10239000
  • Market Value:  150676700
  • Market Year:  2025

Tax History

1060 First Colonial Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $150,676,700 Land Value $10,239,000 Improvement Value $140,437,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $145,466,000 Land Value $10,239,000 Improvement Value $135,227,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $149,120,300 Land Value $10,239,000 Improvement Value $138,881,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $146,549,700 Land Value $10,239,000 Improvement Value $136,310,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $138,684,300 Land Value $10,239,000 Improvement Value $128,445,300 Tax Amount $6,774.57 Change Rate -0.995212% Assessed CR Tax Rate +0.000049%
Year 2020 Assessed Value $139,071,100 Land Value $10,239,000 Improvement Value $128,832,100 Tax Amount $1,415,048.5 Change Rate +0.055787% Assessed CR Tax Rate +0.010175%
Year 2019 Assessed Value $134,027,800 Land Value $10,242,100 Improvement Value $123,785,700 Tax Amount $1,340,278 Change Rate Assessed CR Tax Rate +0.01%
Year 2018 Assessed Value $134,027,800 Land Value $10,242,100 Improvement Value $123,785,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $137,987,400 Land Value $10,242,100 Improvement Value $127,745,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $138,156,700 Land Value $10,242,100 Improvement Value $127,914,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $139,034,500 Land Value $10,242,100 Improvement Value $128,792,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $142,656,100 Land Value $10,208,000 Improvement Value $132,448,100 Tax Amount Change Rate Assessed CR Tax Rate