Taxes
- Assessed Value: $16,440,000
- Assessed Year: 2025
- Assessed County: Virginia Beach City
- APN: 147-590-57190-000
- Assessed Land Value: 664900
- Market Land Value: 664900
- Tax Amount: 159468
- Tax Year: 2025
- Market Value: 16440000
- Market Year: 2025
1980 Salem Rd; Virginia Beach, VA Property Details
Off market
1980 Salem Rd Virginia Beach, VA 23456
$16,440,000 Estimated Value
119,484 SqFt
Property Type
Storage Yard/open StorageProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2013
- Purchase Price: $565,000
- Open Loans / Balance: 2 / $7,246,611
- APN: 147-590-57190-000
- Situs County: Virginia Beach City
- Length Of Ownership: 14 years
Structure
- Building Style: Steel
- Stories: 3
- Building Condition: Average
- Building Quality: B
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 119,484/SqFt
- Lot: 98,271/SqFt
- Gross: 119,484/SqFt
- Living: 119,484/SqFt
- Building: 119,484/SqFt
- Price Per Square Foot: $4.73
Legal Description
- Description: SALEM LAKES MARKET PLACE PARCEL 1 2.256 AC
Building Insights
Land Information
- Property Type: Storage Yard/Open Storage
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Virginia Beach City Public Schools
- Lat / Lon: 36.775974 / -76.1214
- Subdivision: Salem Lakes Market Place
- Property Class: Industrial
- Zoning: B2
- County Use Code: 407
Amenities
- Plus Four: 1308
- Cooling: None
- Heating: Yes
Ownership Info
1980 Salem Rd has no associated ownership info
1980 Salem Rd has no associated ownership info.
Taxes
1980 Salem Rd has 10 associated Taxes items
1980 Salem 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 $16,440,000. The APN we've located for 1980 Salem Rd is 147-590-57190-000.
Unlock the full reportTax History
1980 Salem Rd has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $16,440,000 | Land Value $664,900 | Improvement Value $15,775,100 | Tax Amount $159,468 | Change Rate +0.112367% | Assessed CR | Tax Rate +0.0097% |
| Year 2024 | Assessed Value $14,779,300 | Land Value $664,900 | Improvement Value $14,114,400 | Tax Amount $143,359.22 | Change Rate +0.1929% | Assessed CR | Tax Rate +0.0097% |
| Year 2023 | Assessed Value $12,139,100 | Land Value $664,900 | Improvement Value $11,474,200 | Tax Amount $120,177.09 | Change Rate +0.150004% | Assessed CR | Tax Rate +0.0099% |
| Year 2022 | Assessed Value $10,555,700 | Land Value $664,900 | Improvement Value $9,890,800 | Tax Amount $104,501.43 | Change Rate +0.004453% | Assessed CR | Tax Rate +0.0099% |
| Year 2021 | Assessed Value $10,508,900 | Land Value $664,900 | Improvement Value $9,844,000 | Tax Amount $104,038.12 | Change Rate +0.014403% | Assessed CR | Tax Rate +0.0099% |
| Year 2020 | Assessed Value $10,079,700 | Land Value $664,900 | Improvement Value $9,414,800 | Tax Amount $102,560.96 | Change Rate +0.729151% | Assessed CR | Tax Rate +0.010175% |
| Year 2019 | Assessed Value $5,916,500 | Land Value $664,900 | Improvement Value $5,251,600 | Tax Amount $59,312.91 | Change Rate | Assessed CR | Tax Rate +0.010025% |
| Year 2018 | Assessed Value $5,916,500 | Land Value $664,900 | Improvement Value $5,251,600 | Tax Amount $59,312.91 | Change Rate +0.245999% | Assessed CR | Tax Rate +0.010025% |
| Year 2017 | Assessed Value $4,748,400 | Land Value $664,900 | Improvement Value $4,083,500 | Tax Amount $47,602.71 | Change Rate +0.013907% | Assessed CR | Tax Rate +0.010025% |
| Year 2016 | Assessed Value $4,742,400 | Land Value $664,900 | Improvement Value $4,077,500 | Tax Amount $46,949.76 | Change Rate +0.002876% | Assessed CR | Tax Rate +0.0099% |
| Year 2015 | Assessed Value $4,728,800 | Land Value $687,900 | Improvement Value $4,040,900 | Tax Amount $46,815.12 | Change Rate | Assessed CR | Tax Rate +0.0099% |
| Year 2014 | Assessed Value $4,799,300 | Land Value $687,900 | Improvement Value $4,111,400 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value | Land Value | Improvement Value | Tax Amount $8,042.64 | Change Rate | Assessed CR | Tax Rate |