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Property profile & analytics

1080 George Washington Hwy N Chesapeake, VA 23323

  • Retail space
  • 2,209 SF
  • 0.78 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US87-0996139
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

  • Grace Entwined Ministries / Church
  • Ledman Lagoons and Ponds / Hardware & Home Improvement / Landscaping

Property Details for 1080 George Washington Hwy N

Year built
1970
Lot size
0.78 lot acres
Property size
2,209 SF
Zone code
B1: NEIGHBORHOOD BUSINESS
Property type
Retail space
APN
251001000071
APU
251001000071

Description

This exceptional 2,100 square foot retail space is ideally situated at the signalized intersection of George Washington Highway and Gilmerton Road in Chesapeake, Virginia. The property offers a single-tenant occupancy, providing a blank canvas for your business. With a total of 2,100 square feet of vacant space, this property presents a significant opportunity for a variety of retail ventures. Its prime location offers excellent visibility and accessibility, benefiting from high traffic counts due to its strategic corner placement. The property's proximity to major roadways, including I-265, I-64, and Route 460, ensures convenient access for customers and employees alike. This makes it an attractive location for businesses seeking easy access to a wide customer base. The property is located in Cavan County, Virginia, with a zip code of 23323. The building is classified as commercial retail and is available for immediate lease. This is a rare opportunity to establish a business in a high-traffic area with excellent visibility and convenient access to major transportation routes. The property's size and location make it suitable for a wide range of retail uses. Interested parties are encouraged to inquire further to explore this promising commercial real estate opportunity.


Value Estimations

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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Chesapeake
County
Chesapeake City
State
Virginia
Longitude
-76.3369
Latitude
36.7806
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
$4,367
$233,400
$277,900
$511,300
-
$233,400
$277,900
$511,300
More about this property
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