Entity Owned 
For Sale
1 / 8
$120,000
1032 Volvo Pkwy, Chesapeake, VA 23320
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Property summary
AI-generated overview
This property listing describes an established café business located in Greenbrier, a mixed commercial and residential area of Chesapeake, near Greenbrier Mall. The business is configured for food and beverage service with a menu focused on cakes and macaroons, bubble tea, coffee, and snow cream (Bingsoo), with space and operational capability for menu expansion. It also includes a designated photo zone intended for special-occasion use. The café’s service schedule is historically operated in the afternoon and early evening (approximately 1 PM to 8 PM), with the possibility of opening earlier depending on the operator’s discretion. The listing indicates the transaction pertains to the business entity only and does not include the building.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Total area
7,520 SF
Lot
4.51 ac (196,630 SF)
Zoning code
PUD: PLANNED UNIT DEVELOP
APN
280000001010
UPID
US87-1301332
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.08M
Owner & transaction history
Zoning & alternative use
PUD: PLANNED UNIT DEVELOP · Chesapeake, VA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.08M
Value range
$968k – $1.18M
±10% around blend
Estimated value / SF
$143 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
30
Income certainty
100
$968k
blend $1.08M
$1.18M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,520 SF
Lot area
4.51 ac
Year built
1995
Stories
1
APN
280000001010
Zoning
PUD: PLANNED UNIT DEVELOP
Assessed value
$7,428,200
Annual tax
$65,000
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.10M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.19M
@ 6.5% CAP return
$1.10M
@ 7% CAP return
$1.02M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$65,000
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$979k
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.7 mi away · 5,850 SF
8.8 mi away · 5,688 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.08M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 56 sales
$187
-24%
County 56 sales
$187
-24%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $143/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$270k
Move the market yield to see immediate price impact.
Value / SF
$36
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$17k
$340k
$243k
$189k
$19k
$378k
$270k
$210k
$21k
$416k
$297k
$231k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$900k
6.5 mi · Dec 2025 · $98/SF
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$65,000
Tax year 2019
Assessed value
$7,428,200
Assessed 2023
Previous assessed
$7,092,300
+4.7% YoY
Effective rate
0.88%
On assessed value
Assessed land
$1,805,600
Assessed improvement
$5,622,600
Land market value
$1,805,600
Improvement market value
$5,622,600
Total market value
$7,428,200
Applied tax rate
42.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1995
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
7,520 SF
Lot
4.51 ac (196,630 SF)
Zoning code
PUD: PLANNED UNIT DEVELOP
APN
280000001010
UPID
US87-1301332
Jurisdiction
CHESAPEAKE CITY
Zoning & alternative use
PUD: PLANNED UNIT DEVELOP · Chesapeake, VAZoning PUD: PLANNED UNIT DEVELOP · permitted uses
PUD: PLANNED UNIT DEVELOP · Chesapeake, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
4.51 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PUD: PLANNED UNIT DEVELOP
Jurisdiction
Chesapeake, VA
Recorded code
PUD: PLANNED UNIT DEVELOP
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PUD: PLANNED UNIT DEVELOP in Chesapeake, VA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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