Property profile

1048 Ruritan Blvd Chesapeake, VA 23324

OFF-MARKET
Office buildings
Property ID
US87-2005776
1,308 SF 1.1 ac lot Built 2007
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Total area 1,308 SF
Lot 1.1 ac (48,003 SF)
Zoning code M1: LIGHT INDUSTRIAL
APN 1290000005701
UPID US87-2005776

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
  • Building Supply

Location

1048 Ruritan Blvd Chesapeake, VA 23324-3646
Chesapeake metro Census 20100 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.08M

Owner & transaction history

since 2022
Last sale
$1.3M
2 recorded transactions
2022
$1.3M
2020
$300,000

Zoning & alternative use

M1: LIGHT INDUSTRIAL · 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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