Hampton Roads · Commercial sale

NCP Dove Landing Owner buys 4 parcels in Virginia Beach for $50 million

A group of 4 parcels including 5301 Justin Ct Ste 304, Virginia Beach sold for $50,000,000 on September 25, 2026. See the seller and buyer net sheets for.

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Aerial view of 5301 Justin Ct Ste 304, 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
$50,000,000
Sold
September 25, 2026
Property type
Group of 4 parcels

A group of 4 parcels, including 5301 Justin Ct Ste 304 in Virginia Beach, sold for $50,000,000 on September 25, 2026, according to the Virginia Beach Real Estate Assessor's sales records.

The record lists NCP Dove Landing Owner 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 $50,000 for the grantor's tax and $30,000 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 $49,812,240. 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 $50,173,492 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

5301 Justin Ct Ste 304, Virginia Beach, VA.

Source: City of Virginia Beach Real Estate Assessor, property sales (Virginia Beach Open Data), document 202603047468. 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.

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