$5,495,000 8,750 SF

1033 Cavalier Blvd, Chesapeake, VA 23323
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Located at 1033 Cavalier Blvd in Chesapeake, VA, this 20,750-square-foot industrial property is zoned M-1 Light Industrial and is suitable for manufacturing operations. The site includes two adjoined buildings: an original 8,750-square-foot structure built in 1985 with an 18-foot clear height, and a 12,000-square-foot addition constructed in 2016 with a 42-foot clear height. The property is located within Cavalier Industrial Park with access to I-64 and I-264.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?

$18k

Tax billed · 2019

Assessed value · 2023$2.60M

Assessed land$1.05M

Assessed improvement$1.54M

Effective rate0.69%

Value estimate

· Nov 2026

$445k

$401k – $490k

AI approach$350k

NOI build-up

Gross scheduled income$202k

Vacancy & credit loss−$7k

Operating expenses−$29k

NOI · 3.00% cap applied$165k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$116/SF

Submarket average, outlier-cleaned · 26 recorded sales of this use type

Observed band · Q1–Q3$76 – $153

Cap rate analysis

How does the asset earn?

3.00%

$165k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

M1: LIGHT 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 agency23.2

Law Firm18.2

Restaurant17.5

1033 Cavalier Blvd Chesapeake, VA 23323

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

2 recorded sales · 16 properties nearby

Address Sale price Sold Size

3801 Cook, Chesapeake, VA 23323-1605 $8,000,000 Mar 2023 8,820 SF

1119 Cavalier, Chesapeake, VA 23323-1505 $2,400,000 Dec 2021 36,960 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

Value Estimation
$7,920,000

8,820 SF

3801 Cook Blvd

MANUFACTURING (LIGHT)

3801 Cook Blvd, Chesapeake, VA 23323-1605

View Details
Value Estimation
$985,000

21,404 SF

3712 Cook Blvd

MANUFACTURING (LIGHT)

3712 Cook Blvd, Chesapeake, VA 23323-1604

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Value Estimation
$1,125,000

24,846 SF

3741 Cook Blvd

MANUFACTURING (LIGHT)

3741 Cook Blvd, Chesapeake, VA 23323-1603

View Details
Value Estimation
$1,150,000

25,650 SF

2880 Yadkin Rd

MANUFACTURING (LIGHT)

2880 Yadkin Rd, Chesapeake, VA 23323-2202

View Details
Value Estimation
$1,965,000

30,480 SF

3732 Profit Way

MANUFACTURING (LIGHT)

3732 Profit Way, Chesapeake, VA 23323-1511

View Details
Value Estimation
$2,160,000

31,815 SF

4000 Holland Blvd

MANUFACTURING (LIGHT)

4000 Holland Blvd, Chesapeake, VA 23323-1522

View Details

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