Financial
Distress signals
Property profile

865 Great Brg Blvd Chesapeake, VA 23320

OFF-MARKET
Retail space
Property ID
US87-3983166
3,400 SF 0.41 ac lot Built 2003
Last sale Mar 2025 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 3,400 square foot retail space is situated within a thriving shopping center in Chesapeake, Virginia. The property boasts a prime location anchored by a major grocery store, Food Lion, ensuring consistent foot traffic and high visibility for your business. This translates to significant potential for customer interaction and increased sales. The 0.4-acre lot provides ample space for customer parking and convenient access. A prominent pylon sign is available, offering…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$5k
Tax billed · 2019
Assessed value · 2023$533k
Assessed land$223k
Assessed improvement$310k
Effective rate1.02%

Value estimate

· Sep 2026
$820k
$738k – $902k
AI approach$865k
CAP approach$495k
Submarket $/SF estimate$558k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

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: Law Firm
Demand index
Law Firm23.2
Realty agency22.1
Restaurant20.9

Location

865 Great Brg Blvd Chesapeake, VA 23320-6756
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales 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
500 Battlefield N, Chesapeake, VA 23320-4902 $1,100,000 May 2025 2,640 SF
1041 Battlefield N, Chesapeake, VA 23320-4752 $4,077,000 Jan 2025 2,820 SF
956 Battlefield N, Chesapeake, VA 23320-4804 $29,605,000 Dec 2024 2,378 SF
2241 Military, Chesapeake, VA 23320-5998 $600,000 Dec 2023 2,933 SF
821 Battlefield N, Chesapeake, VA 23320-4862 $2,000,000 Sep 2023 4,532 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
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