Property profile

1568 Crossways Blvd Chesapeake, VA 23320

OFF-MARKET
Turn key restaurants
Property ID
US87-0039376
7,918 SF 5.7 ac lot Built 1998
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 7,918 SF
Lot 5.7 ac (248,248 SF)
Zoning code MULTI: MULTIPLE ZONING
APN 280000000714
UPID US87-0039376

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
  • Restaurant

Location

1568 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
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
$573k
Blend (final) Blend
$520k

Owner & transaction history

since 2024
Last sale
$3,000
2 recorded transactions
2024
$3,000
2007
$3.9M

Zoning & alternative use

MULTI: MULTIPLE ZONING · 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
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