Property profile

117 Northfield St Chesapeake, VA 23320

OFF-MARKET
Commercial land
Property ID
US87-0640954
1,164 SF 0.13 ac lot Built 1940
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1940
Construction WOOD FRAME
Total area 1,164 SF
Lot 0.13 ac (5,489 SF)
Zoning code B2: GENERAL BUSINESS
APN 482004000150
UPID US87-0640954

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

117 Northfield St Chesapeake, VA 23320-3936
Chesapeake metro Census 20907 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2024
1 recorded transaction
2024
$450,000

Zoning & alternative use

B2: GENERAL BUSINESS · 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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