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Financial
Distress signals
Property profile

1324 Mccloud Rd Chesapeake, VA 23320

OFF-MARKET
Other warehouses
Property ID
US87-0819731
162,324 SF 7.9 ac lot Built 1930
Last sale Nov 2024 · $2,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is an approximately 8-acre industrial land site located waterfront along the Southern Branch of the Elizabeth River in Chesapeake, Virginia, with marine access reported as a 32-foot depth at the dolphins and a 35-foot channel. The site is zoned M-2 (General Industrial) and has a DEQ general permit on file. Two above-ground storage tanks remain on the premises: Tank 8 (nearest the river) with an indicated capacity of 2.1 million gallons and Tank 103 with an indicated capacity of 1.9…

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?
$18k
Tax billed · 2019
Assessed value · 2023$2.37M
Assessed land$1.38M
Assessed improvement$983k
Effective rate0.78%

Value estimate

· Oct 2026
$2.31M
$2.07M – $2.54M
AI approach$2.46M

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?
M2: GENERAL INDUSTRIAL
JurisdictionCHESAPEAKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency15.0
Restaurant14.0
Hair Salon11.8

Location

1324 Mccloud Rd Chesapeake, VA 23320-6349
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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1401 Precon, Chesapeake, VA 23320-6314 $25,743,789 Jun 2025 134,609 SF
1431 Precon, Chesapeake, VA 23320-6355 $25,743,789 Jun 2025 25,444 SF
825 Greenbrier Cir Ste, Chesapeake, VA 23320-2638 $16,645,799 Nov 2024 126,503 SF
814 Greenbrier Cir Ste, Chesapeake, VA 23320-2643 $10,729,448 Nov 2024 95,480 SF
401 Woodlake, Chesapeake, VA 23320-8903 $14,500,000 May 2024 142,600 SF
1324 Lindale, Chesapeake, VA 23320-5918 $1,797,000 May 2023 23,340 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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