Hampton Roads · Commercial sale

Ball Investment Group buys 923 First Colonial Rd in Virginia Beach for $2.55 million

An office condominium at 923 First Colonial Rd, Virginia Beach sold for $2,550,000 on September 2, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 923 First Colonial 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
$2,550,000
Sold
September 2, 2026
Property type
Office condominium
Year built
1978

The office condominium at 923 First Colonial Rd sold for $2,550,000 on September 2, 2026. The Virginia Beach Real Estate Assessor's sales records report the sale.

The record lists Ball Investment Group LLC as the buyer.

The City of Virginia Beach Office of the Real Estate Assessor's records show a build year of 1978 and a market value of $2,386,400.

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 $2,550 for the grantor's tax and $1,530 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 $2,541,396. 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 $2,561,799 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

923 First Colonial Rd, Virginia Beach, VA.

Source: City of Virginia Beach Real Estate Assessor, property sales (Virginia Beach Open Data), document 202603043235. 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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