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    Property profile & analytics

    1041 George Washington N Hwy Chesapeake, VA 23323-3505

    • Office buildings
    • 1,787 SF
    • 0.61 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Last Sale
    Oct 27, 2022
    $340,000
    Location Intelligence
    Property ID
    US87-1190638
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Haul Gone LLC / Waste Management Service
    • Pure Roofing / Roofing Contractor
    • Affordable Solar Chesapeake / Solar Energy Equipment Supplier

    Property Details for 1041 George Washington N Hwy

    Year built
    1955
    Construction
    CONCRETE
    Lot size
    0.61 lot acres
    Property size
    1,787 SF
    Zone code
    B2: GENERAL BUSINESS
    Property type
    Office buildings
    APN
    252003000110
    APU
    252003000110

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $350,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $295,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $395,000
      Retail
      $385,000
      Mixed-Use
      $385,000
      Hospitality
      $325,000
      Educational
      $365,000
      Residential Income
      $400,000
      Energy
      $350,000
      Income-Based Land
      $380,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.3371
    Latitude
    36.7784
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $1,637
    $211,800
    $110,600
    $322,400
    -
    $211,800
    $110,600
    $322,400

    Comparable in this City

    • Value Estimation by Request
      624 SF

      701 Butler St

      OFFICE BUILDING • 624 SF
      701 Butler St, Chesapeake, VA 23323
      View Details
    • Value Estimation
      $415,000
      2,750 SF

      624 Happy Acres Rd

      OFFICE BUILDING • 2,750 SF
      624 Happy Acres Rd, Chesapeake, VA 23323-2103
      View Details
    • Value Estimation by Request
      10,166 SF

      3815 Holland Blvd

      OFFICE BUILDING • 10,166 SF
      3815 Holland Blvd, Chesapeake, VA 23323-1518
      View Details
    • Value Estimation by Request
      3,074 SF

      3769 Military Hwy

      OFFICE BUILDING • 3,074 SF
      3769 Military Hwy, Chesapeake, VA 23323-1503
      View Details
    • Value Estimation by Request
      3,200 SF

      1604 Steel St

      OFFICE BUILDING • 3,200 SF
      1604 Steel St, Chesapeake, VA 23323-6116
      View Details
    • Value Estimation
      $250,000
      1,855 SF

      164 George Washington S Hwy

      OFFICE BUILDING • 1,855 SF
      164 George Washington S Hwy, Chesapeake, VA 23323-1701
      View Details

    Similar Nearby for Sale

    • $395,000
      0.60 Acres

      Chesapeake Commercial Land Parcel

      High-traffic, B-3 zoned land near 7-Eleven.
      136 George Washington Hwy, Chesapeake, VA 23323
      View Details
    • $350,000
      1.24 Acres

      Chesapeake Waterfront Commercial Land

      Prime B-1 Zoned Acreage, Canal Views
      128 George Washington Hwy, Chesapeake, VA 23323
      View Details
    • $550,000
      2,346 SF

      Retail Property on George Washington

      Retail space with high visibility and convenient highway access.
      1161 George Washington Hwy N, Chesapeake, VA 23323
      View Details
    • $10,000,000

      63.33 Acres Mixed-Use Land

      63.33 acres of land with multiple zoning designations.
      3133 Old Mill Rd, Chesapeake, VA 23323
      View Details
    • $350,000

      Waterfront Land on George Washington

      1.24 acres of B-1 zoned waterfront land for sale.
      128 George Washington Hwy S, Chesapeake, VA 23323
      View Details
    • $369,000
      14.91 Acres

      Chesapeake Land Opportunity

      14.91 acres of land in the Grassfield area.
      2 Shillelagh Rd, Chesapeake, VA 23323
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      1,600 SF

      Office Space in Chesapeake

      1,600 SF office space available for lease.
      111 Mill Creek Pkwy, Chesapeake, VA 23323
      View Details
    • Contact for pricing
      1,800 SF

      Chesapeake Retail/Office Space Available

      Retail/office space with high visibility, near Interstates 64 and 664.
      2947 S Military Hwy, Chesapeake, VA 23323
      View Details
    • $9 SF/Yr
      66,755 SF

      Prime Chesapeake Warehouse Space

      Class A warehouse, multiple suites available, Southside location.
      1400 Cavalier Blvd, Chesapeake, VA 23323
      View Details
    • Contact for pricing
      8,214 SF

      Chesapeake Warehouse Space Available

      Warehouse space for rent featuring dock loading and radiant heating.
      3804 Cook Blvd, Chesapeake, VA 23323
      View Details
    • $1,517 /Mo
      4,000 SF

      Industrial Space in Cavalier Park

      4,000 SF flex space with convenient highway access.
      3737 Holland Blvd, Chesapeake, VA 23323
      View Details
    • $18 SF/Yr
      2,100 SF

      Retail Space on George Washington

      Retail space available for lease on George Washington Highway.
      1080 George Washington Hwy N, Chesapeake, VA 23323
      View Details
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    Chesapeake, VA 23323-3505
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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