Financial
Distress signals
Property profile

8474 Chesapeake Blvd Norfolk, VA 23518

OFF-MARKET
Retail space
Property ID
US87-3369401
7,489 SF 1.03 ac lot Built 2016
Last sale Jun 2019 · $1,591,275
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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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 · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$1.26M
Assessed land$673k
Assessed improvement$585k
Effective rate1.25%

Value estimate

· Sep 2026
$1.33M
$1.20M – $1.46M
CAP approach$1.31M
Submarket $/SF estimate$1.69M

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

Recently sold

What actually traded nearby?
$165/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$106 – $260
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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNORFOLK CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm28.2
Dental Office22.6
Restaurant17.5

Location

8474 Chesapeake Blvd Norfolk, VA 23518-2634
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8459 Chesapeake, Norfolk, VA 23518-2615 $600,000 Jan 2025 6,600 SF
1318 Little Crk, Norfolk, VA 23518-3920 $799,000 Sep 2024 5,000 SF
6103 Military, Norfolk, VA 23518-5434 $2,610,000 Jul 2024 5,153 SF
884 Little Crk, Norfolk, VA 23518-3741 $360,000 Jul 2022 5,120 SF
7921 Old Ocean Vw, Norfolk, VA 23518-3713 $240,000 Jan 2020 5,098 SF
7821 Military, Norfolk, VA 23518-4010 $260,000 Aug 2019 9,658 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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