Property profile

3037 Military Hwy Chesapeake, VA 23323

OFF-MARKET
Commercial land
Property ID
US87-0710022
900 SF 0.42 ac lot Built 1950
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1950
Total area 900 SF
Lot 0.42 ac (18,121 SF)
Zoning code B2: GENERAL BUSINESS
APN 254012000030
UPID US87-0710022

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3037 Military Hwy Chesapeake, VA 23323-4510
Chesapeake metro Census 21403 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2020
Price N/A

Zoning & alternative use

B2: GENERAL BUSINESS · 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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