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Financial
Distress signals
Property profile

1234 Bainbridge Blvd Chesapeake, VA 23324

FOR SALE
Retail space
Property ID
US87-0137582
800 SF 0.18 ac lot Built 1954
Last sale Oct 2024 · $105,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding one-story commercial storefront building located on a corner parcel in Chesapeake. It contains approximately 825 square feet of interior space and is sited with a 7,041-square-foot paved area that provides on-site parking and additional functional space. The interior and building improvements include a replaced roof and updated building components such as flooring, doors, wall finishes, recessed lighting, and an included kitchen and bathroom. Building systems…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$1k
Tax billed · 2019
Assessed value · 2024$100k
Assessed land$70k
Assessed improvement$30k
Effective rate1.10%

Value estimate

· Oct 2026
$105k
$95k – $116k
AI approach$105k
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$636
Operating expenses−$3k
NOI · 2.24% cap applied$8k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$187/SF
Submarket average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$93 – $280

Cap rate analysis

How does the asset earn?
2.24%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B2: GENERAL BUSINESS
JurisdictionCHESAPEAKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.8
Law Firm14.0
Dental Office12.6

Location

1234 Bainbridge Blvd Chesapeake, VA 23324
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4001 Bainbridge, Chesapeake, VA 23324-1401 $700,000 Jan 2025 2,510 SF
3206 Bainbridge, Chesapeake, VA 23324-1649 $459,000 Jun 2024 1,694 SF
1235 Bainbridge, Chesapeake, VA 23324-2328 $358,600 Sep 2022 1,608 SF
1415 Atlantic, Chesapeake, VA 23324-3253 $275,000 Aug 2020 3,201 SF
2300 Broad, Chesapeake, VA 23324-3062 $130,000 Jun 2019 1,950 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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