Technical
Financial
Distress signals
Property profile

404 Freeman Ave Chesapeake, VA 23324

OFF-MARKET
Auto shops
Property ID
US87-1146551
3,480 SF 0.91 ac lot Built 1968
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1968
Total area 3,480 SF
Lot 0.91 ac (39,422 SF)
Zoning code M2: GENERAL INDUSTRIAL
APN 1570000000630
UPID US87-1146551

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
  • Big Box & Wholesale Store

Location

404 Freeman Ave Chesapeake, VA 23324-1026
Chesapeake metro Census 20500 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
$235k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

M2: GENERAL INDUSTRIAL · 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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