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Property profile & analytics
FOR LEASE
Grocery and convenience stores
1653 Sentinel Dr Chesapeake, VA 23320
Entity Owned
4-yr Hold
Free & Clear
Property ID
US87-2262270
For Lease
$32 SF/Yr
1653 Sentinel Dr, Chesapeake, VA 23320
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2016
Total area
119,870 SF
Lot
12.21 ac (531,650 SF)
Zoning code
B3: HIGHWAY SERVICE
APN
270000001570
UPID
US87-2262270
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Kroger Marketplace Grocery & Convenience Store Food Market
-
ecoATM Electronics Vending Machine Atm
-
Kroger Pharmacy Pharmacy
-
Murray's Cheese Bakery Specialty Food Shop
-
MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Greenbrier Square Chesapeake LLC · 4 yrs held
Greenbrier Square Chesapeake LLC
since 2021
Last sale
$36.5M
4 recorded transactions
Zoning & alternative use
B3: HIGHWAY SERVICE · Chesapeake, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chesapeake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chesapeake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$197,835
Tax year 2019
Assessed value
$23,579,900
Assessed 2023
Previous assessed
$21,225,600
+11.1% YoY
Effective rate
0.84%
On assessed value
Assessed land
$5,429,300
Assessed improvement
$18,150,600
Land market value
$5,429,300
Improvement market value
$18,150,600
Total market value
$23,579,900
Applied tax rate
43.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Lease
Year built
2016
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
119,870 SF
Lot
12.21 ac (531,650 SF)
Zoning code
B3: HIGHWAY SERVICE
APN
270000001570
UPID
US87-2262270
Jurisdiction
CHESAPEAKE CITY
Zoning & alternative use
B3: HIGHWAY SERVICE · Chesapeake, VA
Zoning B3: HIGHWAY SERVICE · permitted uses
B3: HIGHWAY SERVICE · Chesapeake, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chesapeake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
12.21 ac
Current owner
From public records · entity-resolved
Greenbrier Square Chesapeake LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4525 MAIN ST STE #900, VIRGINIA BEACH, VA 23462-3431
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2021
$36,500
Greenbrier Square Chesapeake LLC
Uspa Greenbrier LLC
Special Warranty Deed
—
Oct 17, 2017
—
Uspa Greenbrier LLC A Delaware Limi
—
Deed
related
$20,000,000 · New York Life Insurance Company
May 4, 2015
$7,925,000
Kb Chesapeake LLC
W J Vakos & Company
Special Warranty Deed
—
Nov 29, 2012
$1,300,000
Sandpiper Greenbrier LLC
W J Vakos And Company
Special Warranty Deed
$4,550,000 · First Community Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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?”
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