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Property profile & analytics
OFF-MARKET
Auto shops
3318 Bainbridge Blvd Chesapeake, VA 23324
Entity Owned
3-yr Hold
Free & Clear
Property ID
US87-0143955
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Lot
0.4 ac (17,250 SF)
Zoning code
B2: GENERAL BUSINESS
APN
1520000001340
UPID
US87-0143955
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Island Auto Repair Auto Repair Shop
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Interstate Moving Chesapeake VA Moving Company
-
Diesel Shack LLC Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Glgc LLC · 3 yrs held
Glgc LLC
since 2023
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
B2: GENERAL BUSINESS · Chesapeake, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chesapeake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chesapeake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$389
Tax year 2019
Assessed value
$350,700
Assessed 2023
Previous assessed
$323,600
+8.4% YoY
Effective rate
0.11%
On assessed value
Assessed land
$118,800
Assessed improvement
$231,900
Land market value
$118,800
Improvement market value
$231,900
Total market value
$350,700
Applied tax rate
31.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Heating
NONE
Units
1
Lot
0.4 ac (17,250 SF)
Zoning code
B2: GENERAL BUSINESS
APN
1520000001340
UPID
US87-0143955
Jurisdiction
CHESAPEAKE CITY
Zoning & alternative use
B2: GENERAL BUSINESS · Chesapeake, VA
Zoning B2: GENERAL BUSINESS · permitted uses
B2: GENERAL BUSINESS · Chesapeake, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chesapeake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Glgc LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5073 VIRGINIA BCH BLVD, VIRGINIA BEACH, VA 23462-6625
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2023
$350,000
Glgc LLC
Ivan B Fanton
Warranty Deed
—
Feb 10, 2023
—
Ivan B Fanton
—
Deed
related
$120,000 · Commercial Lending LLC
Oct 1, 2019
—
Ivan B Fanton
Ivan B Fanton
Intrafamily Transfer
related
—
Jul 24, 2018
$44,000
Ivan Fanton
Joseph S Amuial
Warranty Deed
—
May 31, 2018
$35,800
Ivan Fanton
Marlon Van Colley
Warranty Deed
—
Dec 5, 2016
—
Joseph S Amuial
Gateway Consturction II INC A Virgi
Gift Deed
related
—
Dec 30, 2015
$135,000
Gateway Construction II INC A Virgi
The Bank Of Hampton Roads
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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