CF Smith Porperty Beach buys 5461 Wesleyan Dr in Virginia Beach for $13.45 million

The shopping center at 5461 Wesleyan Dr in Virginia Beach sold for $13,449,500 on September 3, 2026, according to the Virginia Beach Real Estate Assessor's sales records. The price was 2.6 times its recorded market value.

The deed covers 2 parcels. 5461 Wesleyan Dr is the largest one we could identify. The record lists CF Smith Porperty Beach LLC as the buyer.

The City of Virginia Beach Office of the Real Estate Assessor's records show a build year of 2000 and a 7.14-acre lot. The records list a market value of $5,198,100.

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 $13,449.50 for the grantor's tax and $8,069.70 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 $13,405,925. 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 $13,504,623 at closing. That covers the full price and closing costs.

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