Property profile

1050 Military Hwy Chesapeake, VA 23320

OFF-MARKET
Grocery and convenience stores
Property ID
US87-0555199
968 SF 0.48 ac lot Built 1984
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1984
Total area 968 SF
Lot 0.48 ac (20,735 SF)
Zoning code B3: HIGHWAY SERVICE
APN 208001000090
UPID US87-0555199

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
  • Gas Station
  • Grocery & Convenience Store
  • Crypto Atm

Location

1050 Military Hwy Chesapeake, VA 23320-2345
Chesapeake metro Census 20809 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2014
2 recorded transactions
2014
$800,000
2009
$850,000

Zoning & alternative use

B3: HIGHWAY SERVICE · 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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