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Financial
Distress signals
Property profile

3116 Western Br Blvd Ste B Chesapeake, VA 23321

OFF-MARKET
Strip malls
Property ID
US87-3635693
101,374 SF 11.91 ac lot Built 1968
Last sale Dec 2008 · $4,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 3116 Western Branch Boulevard in Chesapeake, Virginia consists of approximately 7,200 square feet of retail space and was constructed in 1968. The building is equipped with forced-air heating, central air conditioning, and a tar-and-gravel roof. It is situated within a B4 zoning designation and is located in Chesapeake’s 23321 postal area. The listing indicated a business-only conveyance tied to the retail operation, with inventory included, rather than a conveyance of the real estate.

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?
$77k
Tax billed · 2019
Assessed value · 2023$8.37M
Assessed land$3.31M
Assessed improvement$5.05M
Effective rate0.91%

Value estimate

· Oct 2026
$905k
$815k – $996k
AI approach$750k
Submarket $/SF estimate$1.06M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
B4: SHOPPING CENTER
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 Supply35.0
Wholesale Shop28.2
Auto Repair Shop25.4

Location

3116 Western Br Blvd Ste B Chesapeake, VA 23321-5545
County assessor Recorded deeds · 3 transfers 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

14 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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