Hampton Roads · Commercial sale

BVDSS Virginia Beach Owner buys 525 S Birdneck Rd in Virginia Beach for $14.88 million

A self-storage facility at 525 S Birdneck Rd, Virginia Beach sold for $14,880,852 on October 8, 2026. See the seller and buyer net sheets for this sale.

What would your home net? Get a free Virginia Beach seller net sheet Agents: send a branded net sheet like this to your seller, free

Automated sale report from public sales records · How we make these · Published November 9, 2026

Sold October 8, 2026 · Virginia Beach, Virginia

Aerial view of 525 S Birdneck Rd, Virginia Beach with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: City of Virginia Beach Office of the Real Estate Assessor. The photo can predate the sale.

Sale price: $14,880,852
Sold: October 8, 2026
Property type: Self-storage facility
Lot size: 301,284 sq ft
Year built: 1999

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgOctober 8, 2026

Seller's estimated net sheet

525 S Birdneck Rd, Virginia Beach

Sale price	$14,880,852
Title and settlement
Settlement / closing fee	$450
Transfer taxes and recording
Grantor's tax	$14,881
Regional transportation improvement fee (Hampton Roads grantor's tax)	$8,928.54
Prorations
Property tax proration (seller owes)	$36,692.51
Other costs
Wire / courier / payoff processing	$50
Total deductions	$61,002.05
Estimated net to seller	$14,819,849.95

Estimate by NetSheet.orgEstimate your own sale

NetSheet.orgOctober 8, 2026

Buyer's estimated net sheet

525 S Birdneck Rd, Virginia Beach

Purchase price (cash)	$14,880,852
Title and settlement
Owner's title insurance policy	$34,571.92
Settlement / closing fee	$450
Transfer taxes and recording
State recordation tax on deed (grantee)	$37,202.25
Local recordation tax on deed (one-third of state)	$12,400.75
Deed recording fee	$46
Credits
Property tax credit from seller	$36,692.51
Closing costs and prepaids	$84,670.92
Estimated cash to close	$14,928,830.41

Estimate by NetSheet.orgEstimate your own sale

What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
Regional transportation improvement fee (Hampton Roads grantor's tax): $0.06 per $100 (Planning District 23) (confidence medium)
Annual property tax estimated at 0.90% of price ($133,928).
Title and settlement fees are typical estimates, not quotes.

Selling in Virginia Beach?

Virginia Beach transfer tax and closing costs

A self-storage facility at 525 S Birdneck Rd sold for $14,880,852 on October 8, 2026. That was 19% above its recorded market value of $12,495,900, according to the Virginia Beach Real Estate Assessor's records.

The records list BVDSS Virginia Beach Owner LLC as the buyer.

The City of Virginia Beach Office of the Real Estate Assessor's records show the facility was built in 1999. The lot covers 6.92 acres.

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 $14,881 for the grantor's tax and $8,928.54 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 $14,819,850. 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 $14,928,830 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

525 S Birdneck Rd, Virginia Beach, VA.

Source: City of Virginia Beach Real Estate Assessor, property sales (Virginia Beach Open Data), document 202603049381. 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.