Financial
Distress signals
Property profile

2651 Military Hwy Chesapeake, VA 23324

OFF-MARKET
Warehouses
Property ID
US87-1074703
22,233 SF 46.05 ac lot Built 1938
Last sale Aug 2024 · $4,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$69k
Tax billed · 2019
Assessed value · 2023$5.59M
Assessed land$2.90M
Assessed improvement$2.69M
Effective rate1.24%

Value estimate

· Sep 2026
$3.20M
$2.88M – $3.52M
AI approach$3.18M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
M2: GENERAL INDUSTRIAL
JurisdictionCHESAPEAKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.5
Law Firm11.9
Hair Salon10.5

Location

2651 Military Hwy Chesapeake, VA 23324-1043
County assessor Recorded deeds · 3 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Dexter St W, Chesapeake, VA 23324-3088 $26,500,000 Oct 2022 12,240 SF
1044 Ruritan, Chesapeake, VA 23324-3646 $1,300,000 Mar 2022 11,250 SF
828 Seaboard, Chesapeake, VA 23324-2645 $1,395,000 Sep 2021 10,800 SF
1541 Poindexter, Chesapeake, VA 23324-2467 $375,000 May 2021 10,129 SF
1557 Poindexter, Chesapeake, VA 23324-2467 $3,724,990 Feb 2020 32,640 SF
700 Rosemont, Chesapeake, VA 23324-1134 $8,150,000 Dec 2019 36,525 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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