Ocs Air Rail buys 1381 Air Rail Ave in Virginia Beach for $3.04 million

The industrial building at 1381 Air Rail Ave sold for $3,040,000 on September 3, 2026, according to the Virginia Beach Real Estate Assessor's sales records. That is 63% above its recorded market value.

The City of Virginia Beach Office of the Real Estate Assessor's records show a build year of 1993 and a 2.5-acre lot. The recorded market value was $1,861,200.

The last sale on record was $1,800,000 in 2019, according to the records. The latest price is 69% above that sale. The record lists Ocs Air Rail LLC as the buyer.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Virginia Beach?

By our estimate, the seller's two largest charges, not counting prorations, were $3,040 for the grantor's tax and $1,824 for the regional transportation improvement fee (Hampton Roads grantor's tax). Who pays what follows Virginia Beach custom.

How much did the seller net?

By our estimate, the seller netted about $3,029,764. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $3,053,687 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)