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Property profile & analytics
FOR SALE
Turn key restaurants

1225 Cedar Rd Chesapeake, VA 23322

4,807 SF 0.88 ac lot Built 1999
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US87-1123728
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1999
Total area 4,807 SF
Lot 0.88 ac (38,289 SF)
Zoning code B2: GENERAL BUSINESS
APN 460000001430
UPID US87-1123728
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.85M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.69M
Blend (final) Blend
$1.85M
Owner & transaction history
Cedar Rpgamp LLC · 1 yrs held
Cedar Rpgamp LLC
since 2024
Last sale
$1.9M
5 recorded transactions
2024
$1.9M
2024
Price N/A
2024
Price N/A
2020
Price N/A
2014
$1.3M
Zoning & alternative use
B2: GENERAL BUSINESS · Chesapeake, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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