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    Property profile & analytics

    2300 Broad St Chesapeake, VA 23324-3062

    • Grocery and convenience stores
    • 1,950 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Location Intelligence
    Property ID
    US87-0382633
    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.

    Current Use by Public Records

    • Coinsource Bitcoin ATM / Atm
    • Church Of God Ministeries / Religious Organization
    • Smiley’s Corner Store / Convenience Store

    Property Details for 2300 Broad St

    Year built
    1965
    Lot size
    0.15 lot acres
    Property size
    1,950 SF
    Zone code
    B1: NEIGHBORHOOD BUSINESS
    Property type
    Grocery and convenience stores
    APN
    1470000000030
    APU
    1470000000030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $250,000
      6.5%
      $215,000
      7%
      $245,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $225,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $275,000
      Mixed-Use
      $265,000
      Hospitality
      $260,000
      Educational
      $275,000
      Residential Income
      $210,000
      Energy
      $245,000
      Income-Based Land
      $260,000
      Food Service
      $245,000

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.262
    Latitude
    36.7994
    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
    $1,691
    $67,100
    $90,400
    $157,500
    -
    $67,100
    $90,400
    $157,500

    Comparable in this City

    • Value Estimation by Request
      4,504 SF

      100 Providence Rd

      CONVENIENCE STORE • 4,504 SF
      100 Providence Rd, Chesapeake, VA 23324-4624
      View Details
    • Value Estimation
      $330,000
      1,608 SF

      1235 Bainbridge Blvd

      CONVENIENCE STORE • 1,608 SF
      1235 Bainbridge Blvd, Chesapeake, VA 23324-2328
      View Details
    • Value Estimation by Request
      1,650 SF

      900 Liberty St

      CONVENIENCE STORE • 1,650 SF
      900 Liberty St, Chesapeake, VA 23324-2419
      View Details
    • Value Estimation by Request
      2,475 SF

      1300 Berkley Ave

      CONVENIENCE STORE • 2,475 SF
      1300 Berkley Ave, Chesapeake, VA 23324-2607
      View Details
    • Value Estimation
      $245,000
      2,060 SF

      3715 Bainbridge Blvd

      CONVENIENCE STORE • 2,060 SF
      3715 Bainbridge Blvd, Chesapeake, VA 23324-1605
      View Details
    • Value Estimation
      $280,000
      804 SF

      4317 Bainbridge Blvd

      CONVENIENCE STORE • 804 SF
      4317 Bainbridge Blvd, Chesapeake, VA 23324-1407
      View Details

    Similar Nearby for Sale

    • $435,000
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      Mixed-Use Property Near Downtown Norfolk

      Fully rented mixed-use property with commercial and residential spaces near downtown.
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      Chesapeake Retail Opportunity

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      Turnkey Restaurant and Lounge For Sale

      Established restaurant and lounge with games and seating available.
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    • $199,500
      0.10 Acres

      Chesapeake Church - Prime Location

      Spacious Church Building, Corner Lot, VA
      2508 Hemple St, Chesapeake, VA 23324
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    • Contact for pricing
      2.20 Acres

      Harbor Watch Shoppes: Great Bridge Retail Space

      Prime Retail/Office Space Available; 1,250 sq ft.
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      Chesapeake Redevelopment Opportunity

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    Similar Nearby for Lease

    • $21 SF/Yr
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      Former drug store with drive-thru at signalized intersection.
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      Restaurant space available in Chesapeake with developable land.
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    • Contact for pricing
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      Chesapeake Industrial Spaces

      Class A distribution center, 90K+ SF available.
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      Diamond Hill Distribution Center

      Chesapeake, VA industrial space available
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      View Details
    • Contact for pricing
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      Diamond Hill Distribution Center

      224,620 SF Industrial Space Available
      1920 Campostella Rd, Chesapeake, VA 23324
      View Details
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    Chesapeake, VA 23324-3062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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