Hampton Roads · Commercial sale
Property at 2429 Ferry Rd in Virginia Beach sells for $17.4 million
A property at 2429 Ferry Rd, Virginia Beach sold for $17,400,000 on September 3, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $17,400,000
- Sold
- September 3, 2026
- Property type
- Property
- Lot size
- 653,463 sq ft
The property at 2429 Ferry Rd in Virginia Beach sold for $17,400,000 on September 3, 2026, according to the Virginia Beach Real Estate Assessor's sales records.
The sale price was 3.7 times the $4,676,600 market value on record, according to the City of Virginia Beach Office of the Real Estate Assessor's records.
Those records show a 15.0-acre lot. The sales record lists United States of America 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 $17,400 for the grantor's tax and $10,440 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 $17,343,772. 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 $17,470,848 at closing. That covers the full price and closing costs.
Source: City of Virginia Beach Real Estate Assessor, property sales (Virginia Beach Open Data), document 202603043565. Property details: City of Virginia Beach Office of the Real Estate Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
