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    1716 Lambert Ct Chesapeake, VA 23320-8913
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    Property profile & analytics

    1716 Lambert Ct, Chesapeake, VA 23320-8913

    View on Map

    • Warehouses
    • 17,280 SF
    • 1.00 lot acres
    Off-Market
    Last Sale Mar 1, 2024
    $1,600,000
    Property ID
    US87-0916998
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,600,000
    Show details
    Cap Rate Potential
    8.6%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Catholic Passion Ministries / Church / Mosque
    • ServiceMaster of the Southside / Hardware & Home Improvement / Construction Company

    Property Details for 1716 Lambert Ct

    Year built
    1985
    Lot size
    1.00 lot acres
    Zone code
    PUD: PLANNED UNIT DEVELOP
    Property type
    Warehouses
    APN
    280000000216
    APU
    280000000216

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 1, 2024 $1,600,000 1716 Lambert Court LLC R Building LLC Special Warranty Deed $1.1M · Independent Bank
    Jan 29, 2019 $1,500,000 R Building LLC J & M LLC Warranty Deed $1.3M · Townebank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,600,000
      ML approach
      $1,600,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,290,000
      6.5%
      $2,115,000
      7%
      $1,965,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,020,000
      Market price range: $1.62M - $3.15M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,415,000
      Current use
      OFFICE BUILDING
      $2,435,000
      Change: +1% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $2,010,000
      Change: -17% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.24
    Latitude
    36.7854
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $16,552
    $351,400
    $1,237,600
    $1,589,000
    -
    $351,400
    $1,237,600
    $1,589,000
    More about this property
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