Hampton Roads · Commercial sale
Auto dealership at 385 N Witchduck Rd in Virginia Beach sells for $2.85 million
An auto dealership at 385 N Witchduck Rd, Virginia Beach sold for $2,850,000 on September 24, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $2,850,000
- Sold
- September 24, 2026
- Property type
- Auto dealership
- Lot size
- 84,479 sq ft
- Year built
- 1988
The auto dealership at 385 N Witchduck Rd sold for $2,850,000 on September 24, 2026, according to the Virginia Beach Real Estate Assessor's sales records.
The City of Virginia Beach Office of the Real Estate Assessor's records list a market value of $3,424,300. The sale price was 17% below that value.
The record lists Kimbrough Family Trust as the buyer. Assessor's records show a build year of 1988 and a 1.94-acre lot.
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 $2,850 for the grantor's tax and $1,710 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 $2,838,896. 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 $2,861,455 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 202603047231. 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.
