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Financial
Distress signals
Property profile

1324 Cedar Rd Chesapeake, VA 23322

FOR SALE
Assisted living facilities
Property ID
US87-1021978
59,712 SF 8.33 ac lot Built 2001
Last sale Nov 2020 · $6,250
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 consists of approximately 8.45 acres of vacant land located on Cedar Road in Chesapeake, Virginia. The site is zoned O-I (Office Institutional). It is situated near Chesapeake City Hall and is surrounded by dense residential development, with the land providing frontage on Cedar Road. Cedar Road carries a reported traffic volume of over 26,000 vehicles per day. The property is located within about 5 miles of the I-64/I-464 interchange and is adjacent to a Class A senior housing facility.

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

What does the county charge?
Assessed value · 2023$11.11M
Assessed land$1.85M
Assessed improvement$9.26M

Value estimate

· Oct 2026
$3.63M
$3.27M – $3.99M
Submarket $/SF estimate$3.63M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
O-I: OFFICE & INSTITUTION
JurisdictionCHESAPEAKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency15.8
Law Firm11.4
Parking Facility10.6

Location

1324 Cedar Rd Chesapeake, VA 23322
County assessor Recorded deeds · 4 transfers 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

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1909 Edinburgh, Chesapeake, VA 23322-6522 $1,900,000 Sep 2022 No data
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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