Property profile

359 Battlefield S Blvd Chesapeake, VA 23322

OFF-MARKET
Drive through restaurants
Property ID
US87-1294315
1,012 SF 0.8 ac lot Built 1960
Entity Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This parcel consists of commercial land on a hard corner at the lighted intersection of S. Battlefield Boulevard and Mount Pleasant Road, with frontage/visibility along both roads. Traffic counts cited for the area include approximately 25,635 AADT on Battlefield Blvd S. and approximately 18,402 AADT on Mt. Pleasant Road. The surrounding retail area includes businesses such as Walgreens, Taylor’s Do-It Center, AutoZone, Chipotle, Kroger, Five Below, Dollar Tree, Panera Bread, and Pet Supplies Plus.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1960
Total area 1,012 SF
Lot 0.8 ac (34,979 SF)
Zoning code B1: NEIGHBORHOOD BUSINESS
APN 481009000110
UPID US87-1294315

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
  • Restaurant

Location

359 Battlefield S Blvd Chesapeake, VA 23322-5311
Chesapeake metro Census 21101 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2013
1 recorded transaction
2013
$800,000

Zoning & alternative use

B1: NEIGHBORHOOD 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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