Property profile

3448 Military Hwy Chesapeake, VA 23323

OFF-MARKET
Commercial land
Property ID
US87-2400891
1.19 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.19 ac (52,011 SF)
Zoning code B2: GENERAL BUSINESS
APN 252011000136
UPID US87-2400891

Cap rate & NOI

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

Location

3448 Military Hwy Chesapeake, VA 23323-2306
Chesapeake metro Census 21401 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$700k

Owner & transaction history

since 2025
Last sale
$700,000
2 recorded transactions
2025
$2.4M
2024
$700,000

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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