Property profile

3216 Western Br Blvd Chesapeake, VA 23321

OFF-MARKET
Retail space
Property ID
US87-0138370
2,275 SF 1.52 ac lot Built 1973
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Total area 2,275 SF
Lot 1.52 ac (66,211 SF)
Zoning code B2: GENERAL BUSINESS
APN 50000001040
UPID US87-0138370

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Loan Service

Location

3216 Western Br Blvd Chesapeake, VA 23321-5220
Chesapeake metro Census 21602 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$636k
Blend (final) Blend
$1.07M

Owner & transaction history

since 2021
Last sale
$1.0M
1 recorded transaction
2021
$1.0M

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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