Property profile

561 Cedar Rd Ste 1 Chesapeake, VA 23322

OFF-MARKET
Retail space
Saved see the list in your Dashboard
Property ID
US87-0836898
7,000 SF 0.7 ac Built 2007
Last sale Jul 2023·$4,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$9k
Tax billed · 2019
Assessed value · 2023$1.15M
Assessed land$457k
Assessed improvement$698k
Effective rate0.77%

Value estimate

· Nov 2026
$4.75M
$4.28M – $5.23M
AI approach$4.77M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$187/SF
Submarket average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$93 – $280

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1: NEIGHBORHOOD BUSINESS
JurisdictionCHESAPEAKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand index
Restaurant24.6
Auto Repair Shop16.8
Building Supply16.7

Location

561 Cedar Rd Ste, Unit 1 Chesapeake, VA 23322-8384
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1100 Cedar Rd Ste, Chesapeake, VA 23322-7475 $2,400,000 Jun 2023 7,116 SF
4732 Battlefield S, Chesapeake, VA 23322-2470 $4,096,561 Jan 2023 5,017 SF
1418 Cedar, Chesapeake, VA 23322-7172 $6,200,000 Jan 2023 13,644 SF
141 Hillcrest Pkwy, Chesapeake, VA 23322-2187 $3,175,000 Aug 2021 10,740 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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