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    136 George Washington Hwy N Chesapeake, VA 23323

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    For Sale
    $530,000

    Land with high visibility and access near George Washington Highway.

    Lot size:
    0.60 Acres

    Property Features for 136 George Washington Hwy N

    General Information

    Lot size
    0.60 Acres

    Source: Parker Burnell Real Estate Group Agent Jay Burnell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Adjacent to 7-Eleven

    This property features approximately 0.6 acres of land situated adjacent to a 7-Eleven at the intersection of George Washington Highway and Moses Grandy Trail. The location benefits from high visibility and ease of access. Traffic counts exceed 22,000 vehicles per day along George Washington Highway. The average household income within a one-mile radius is over $90,000.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.3454948
    Latitude
    36.7423165

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    FAQs

    What type of property is this?
    Land - Land with high visibility and access near George Washington Highway.
    Where is this land located?
    The property is located at 136 George Washington Hwy N Chesapeake, VA.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: - High traffic counts (over 22K VPD) on George Washington Highway.; - Excellent access and high visibility.; - Located adjacent to a 7-11 at a major intersection.
    (757) 222-0111
    Request Owner's contact information
    136 George Washington Hwy N Chesapeake, VA 23323
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    Chesapeake, VA 23323
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    136 George Washington Hwy N Chesapeake, VA 23323
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