Technical
Financial
Distress signals
Property profile

1560 Crossways Blvd Chesapeake, VA 23320

OFF-MARKET
Hotels
Property ID
US87-1124464
50,931 SF 2.27 ac lot Built 1995
Entity Owned 12-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1995
Total area 50,931 SF
Lot 2.27 ac (98,794 SF)
Zoning code M1: LIGHT INDUSTRIAL
APN 280000001051
UPID US87-1124464

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

1560 Crossways Blvd Chesapeake, VA 23320-2841
Chesapeake metro Census 20805 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$605k
Blend (final) Blend
$545k

Owner & transaction history

since 2013
2 recorded transactions
2013
$4.2M
2012
$4.3M

Zoning & alternative use

M1: LIGHT INDUSTRIAL · Chesapeake, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1560 Crossways Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message