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Financial
Distress signals
Property profile

2316 Chesapeake Sq Ring Rd Chesapeake, VA 23321

OFF-MARKET
Drive through restaurants
Property ID
US87-1811689
3,680 SF 0.84 ac lot Built 1996
Last sale May 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$15k
Tax billed · 2019
Assessed value · 2023$1.61M
Assessed land$793k
Assessed improvement$818k
Effective rate0.91%

Value estimate

· Oct 2026
$340k
$306k – $374k
AI approach$335k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$368/SF
Submarket average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$224 – $477

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2: GENERAL BUSINESS
JurisdictionCHESAPEAKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply21.2
Realty agency20.9
Law Firm20.8

Location

2316 Chesapeake Sq Ring Rd Chesapeake, VA 23321-2136
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4444 Portsmouth, Chesapeake, VA 23321-2102 $2,271,555 Feb 2022 3,265 SF
3200 Western Br, Chesapeake, VA 23321-5220 $1,733,049 Feb 2022 3,200 SF
3112 Western Br, Chesapeake, VA 23321-5514 $1,000,000 Aug 2021 3,572 SF
2600 Taylor, Chesapeake, VA 23321-2206 $760,000 Jun 2021 3,154 SF
2105 Starmount, Chesapeake, VA 23321-2236 $2,450,000 Nov 2020 3,162 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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