Hampton Roads · Commercial sale
Nbpiv Ward Court buys 5820 Ward Ct in Virginia Beach for $12.7 million
An industrial building at 5820 Ward Ct, Virginia Beach sold for $12,700,000 on August 20, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $12,700,000
- Sold
- August 20, 2026
- Property type
- Industrial building
- Lot size
- 214,157 sq ft
- Year built
- 1973
The industrial building at 5820 Ward Ct sold for $12,700,000 on August 20, 2026, according to the Virginia Beach Real Estate Assessor's sales records. The price was 2.2 times the $5,784,500 market value on record, according to the City of Virginia Beach Office of the Real Estate Assessor's records.
The deed lists Nbpiv Ward Court LLC as the buyer.
The City of Virginia Beach Office of the Real Estate Assessor's records show a 1973 construction date and a 4.92-acre lot. The most recent earlier sale on record was $5,550,000 in 2024; the latest price was 2.3 times that amount.
What this sale costs to close
What does closing cost at this price? Under Virginia Beach custom the seller's larger charges are $12,700 for the grantor's tax and $7,620 for the regional transportation improvement fee (Hampton Roads grantor's tax). The seller's estimated net is $12,606,529 before brokerage commissions and any loan payoff. A cash buyer would need about $12,699,843 at closing.
Source: City of Virginia Beach Real Estate Assessor, property sales (Virginia Beach Open Data), document 202603040972. 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.
