Property profile

1001 Chesapeake Ave Chesapeake, VA 23324

OFF-MARKET
Retail space
Property ID
US87-1200513
5,274 SF 0.06 ac lot Built 1920
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 5,274 SF
Lot 0.06 ac (2,701 SF)
Zoning code B5: CENTRAL BUSINESS
APN 1280000000720
UPID US87-1200513

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

1001 Chesapeake Ave Chesapeake, VA 23324-2408
Chesapeake metro Census 20300 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2024
1 recorded transaction
2024
$370,000

Zoning & alternative use

B5: CENTRAL BUSINESS · Chesapeake, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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