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    Property profile & analytics

    1225 Cedar Rd Chesapeake, VA 23322-7103

    • Turn key restaurants
    • 4,807 SF
    • 0.88 lot acres
    OFF-MARKET
    Value Estimation
    $1,845,000
    Last Sale
    Oct 08, 2024
    $1,850,000
    Location Intelligence
    Property ID
    US87-1123728
    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

    • Turn key restaurants

    Property Details for 1225 Cedar Rd

    Year built
    1999
    Lot size
    0.88 lot acres
    Property size
    4,807 SF
    Zone code
    B2: GENERAL BUSINESS
    Property type
    Turn key restaurants
    APN
    460000001430
    APU
    460000001430

    Description

    This exceptional freestanding retail property, located at 1225 Cedar Road in Chesapeake, Virginia, offers ±1,411 square feet of vacant space within a total building area of 4,639 square feet. The property is ideally situated in the heart of the Great Bridge/Cedar Road corridor, benefiting from excellent visibility and accessibility. The strategic location provides easy access via the new Veterans Memorial Bridge, connecting to major roadways including I-64, I-464, and the Chesapeake Expressway. Monument signage is available, enhancing visibility and brand recognition. Cedar Road boasts a high volume of traffic, exceeding 32,244,000 vehicles per day, ensuring significant exposure to potential customers. The property's proximity to Tidewater Community College and Chesapeake Municipal facilities further enhances its appeal. This location is supported by strong demographics, including high residential growth projections, high household income and median home values, and a substantial daytime population. The single-tenant occupancy provides flexibility and control for the new tenant. This property presents a unique opportunity for businesses seeking a high-traffic, easily accessible location in a thriving Chesapeake community. The zip code is 23322.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,850,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,735,000
      6.5%
      $1,900,000
      7%
      $1,705,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,020,000
      Geo Method
      $1,585,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,790,000
      Retail
      $1,930,000
      Mixed-Use
      $1,760,000
      Hospitality
      $1,715,000
      Educational
      $1,905,000
      Residential Income
      $1,860,000
      Energy
      $1,965,000
      Income-Based Land
      $1,980,000
      Food Service
      $1,765,000

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.2832
    Latitude
    36.7157
    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
    $17,594
    $615,300
    $1,300,600
    $1,915,900
    -
    $615,300
    $1,300,600
    $1,915,900

    Comparable in this City

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      138 Battlefield S Blvd

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      1448 Mt Pleasant Rd

      RESTAURANT • 1,776 SF
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    • Value Estimation
      $1,335,000
      4,260 SF

      401 Cedar Cmns

      RESTAURANT • 4,260 SF
      401 Cedar Cmns, Chesapeake, VA 23322-7212
      View Details
    • Value Estimation
      $385,000
      3,240 SF

      424 Battlefield S Blvd

      RESTAURANT • 3,240 SF
      424 Battlefield S Blvd, Chesapeake, VA 23322-5314
      View Details

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    1225 Cedar Rd
    Chesapeake, VA 23322-7103
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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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