Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Chesapeake Retail Building For Sale Title is generated by Realmo AI

    1225 Cedar Rd, Chesapeake, VA 23322

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    4,786 SF single tenant building in Great Bridge/Cedar Road.

    Type:Office, Retail
    Property size:
    4,786 SF
    Price / SF:
    $720/SF
    Added:
    Mar 12, 2026
    Days on Market:
    62
    Last Refresh:
    Mar 19 at 11:00 pm

    Property Features for 1225 Cedar Rd

    General Information

    Standard status
    Active
    Size
    4,786 SF
    Property subtype
    Office, Retail

    Building Details

    Year Built
    1999

    We can help!

    Listing Contact
    Troy Parker
    Troy Parker

    Listing agent Troy Parker License #VA 0225036218

    Listing office Parker Burnell Real Estate Group

    Listing date Mar 12, 2026

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Parker Burnell Real Estate Group

    HighLights

    • Prime location in the heart of Great Bridge/Cedar Road corridor
    • High traffic visibility with over 32,000 vehicles per day on Cedar Road
    • Easy accessibility to major highways (I‑64, I‑464, Chesapeake Expressway) via Veterans Memorial Bridge
    • Located less than 1 mile from Publix, Tidewater Community College, and Chesapeake Municipal Center
    • High residential growth projections, high household income, and median home values in the area
    • Single tenant building with ±4,786 SF and monument signage

    Overview

    This is a single tenant building with ±4,786 square feet of space, situated in the Great Bridge/Cedar Road corridor of Chesapeake. The property benefits from high visibility, with over 32,000 vehicles per day on Cedar Road. Accessibility is enhanced by its proximity to the new Veterans Memorial Bridge, providing connections to I-64, I-464, and the Chesapeake Expressway. Monument signage is available. The location is less than 1 mile from a Publix supermarket (0.7 miles), the Tidewater Community College Campus, and the Chesapeake Municipal Center on Albemarle Road. The area is characterized by high residential growth projections, high household income, high median home values, and a high daytime population.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • A Lasting Impressions Florist and Gifts, LLC — 1020 B Cedar Rd, Chesapeake, VA 23322

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2830298
    Latitude
    36.7159369

    Nearby Similar for Sale

    • $700,000

      Versatile Chesapeake Medical/Professional Office

      Adaptable office space in a desirable Chesapeake location.
      3808 POPLAR HILL Road, CHESAPEAKE, VA 23321
      View Details
    • $239,900
      2,345 SF

      Chesapeake Duplex Investment Opportunity

      Duplex in South Norfolk with income potential near major interstates.
      1136 Jackson Avenue, Chesapeake, VA 23324
      View Details
    • $259,900
      1,790 SF

      Chesapeake Duplex on Corner Lot

      Two-story duplex on a large corner lot in Chesapeake, VA.
      1101 Park Avenue, Chesapeake, VA 23324
      View Details
    • $1,199,000
      2,623 SF

      Restaurant Space on South Military

      High-visibility restaurant space centrally located on South Military Highway.
      1370 S Military Hwy, Chesapeake, VA
      View Details
    • $2,900,000
      13,813 SF

      Freestanding Retail Building with Drive-Thru

      Former drug store with drive-thru at signalized intersection.
      2040 Atlantic Ave, Chesapeake, VA
      View Details
    • $5,495,000
      20,750 SF

      Industrial Warehouse/Manufacturing Asset Opportunity

      20,750 SF industrial building in Chesapeake, VA for sale.
      1033 Cavalier Blvd Chesapeake, VA 23323
      View Details
    • $2,795,439

      Retail Property Near National Tenants

      Retail property surrounded by national tenants with high population density.
      600 Landers Dr, Chesapeake, VA 23322
      View Details
    • Contact for pricing

      Medical Office Condo For Sale

      New Class A medical office condo in Chesapeake, VA.
      900 Battlefield Boulevard North, Chesapeake, VA 23320
      View Details
    • $320,000
      1,870 SF

      Updated Condo with Two Suites

      Updated condo featuring two primary suites and modern amenities.
      745 Lacy Oak Drive, Chesapeake, VA 23320
      View Details
    • Contact for pricing

      New Veterans Affairs Clinic

      Under construction clinic 100% leased to Veterans Affairs.
      4300 Portsmouth Boulevard, Chesapeake, Virginia 23321
      View Details
    • $1,550,000
      10,000 SF

      Industrial Warehouse in Greenbrier Park

      10,000 SF industrial warehouse in Greenbrier Commerce Park.
      908 Executive Ct, Chesapeake, VA
      View Details
    • Contact for pricing

      Retail Outparcels For Sale

      Retail outparcels available in Chesapeake, Virginia.
      2800 Yadkin Rd, Chesapeake, VA 23323
      View Details

    FAQs

    What type of property is this?
    Storefront property - 4,786 SF single tenant building in Great Bridge/Cedar Road.
    Where is this storefront property located?
    The property is located at 1225 Cedar Rd Chesapeake, VA.
    What is the asking price?
    The asking price for this property is $3,445,920.
    What are key features of this property?
    This property features: Prime location in the heart of Great Bridge/Cedar Road corridor; High traffic visibility with over 32,000 vehicles per day on Cedar Road; Easy accessibility to major highways (I‑64, I‑464, Chesapeake Expressway) via Veterans Memorial Bridge
    (757) 407-9499 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Troy Parker
    Troy Parker
    Real Estate License ID: VA 0225036218
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1225 Cedar Rd, Chesapeake, VA 23322
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!