4107 Portsmouth Blvd Ste 114a Chesapeake, VA 23321-2141
Property profile & analytics
4107 Portsmouth Blvd Ste 114a, Chesapeake, VA 23321-2141
- Community centers
- 114,956 SF
- 12.28 lot acres
Property ID
US87-3847763
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Inland American Retail Management / Real Estate Agency
- Dr. David Dano / Dental Office
- Especially For You, LLC / Medical Clinic / Skin Care Clinic
- Cricket Wireless Authorized Retailer / Mobile Phone Store / Electronics & Wireless Store
- Lendmark Financial Services LLC / Loan Service
Property Details for 4107 Portsmouth Blvd Ste 114a
- Year built
- 1991
- Lot size
- 12.28 lot acres
- Zone code
- B2: GENERAL BUSINESS
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 151010000090
- APU
- 151010000090
Description
Chesapeake Commons offers exceptional retail opportunities in a thriving Chesapeake, Virginia location. This power center boasts 198,741 square feet and features three suites, with 4,621 square feet currently vacant. Spaces range from a minimum of 1,090 square feet to a maximum contiguous space of 2,400 square feet, providing flexibility for various retail concepts. The center enjoys a prime location just off I-664, easily accessible via the Portsmouth Boulevard interchange, ensuring high visibility and convenient customer access. Anchored by national retailers such as Best Buy, Ross, Old Navy, and Aldi, Chesapeake Commons benefits from significant existing traffic and strong brand recognition. The property sits within the Chesapeake Square submarket, directly across from the Chesapeake Square Mall, which is undergoing a major redevelopment project that will include a substantial multi-family component. This redevelopment promises to further enhance the area's appeal and drive even more foot traffic to the center. The submarket itself comprises approximately 2,162,000 square feet of retail space, reflecting a dynamic and growing retail environment. This presents a unique opportunity to establish or expand a retail business in a high-growth area with excellent accessibility and strong anchor tenants. The combination of established brands, convenient location, and ongoing area development makes Chesapeake Commons an attractive investment for discerning retailers.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $940,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,741,000
Market price range: $939k - $2.79M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,675,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Chesapeake
- County
- Chesapeake City
- State
- Virginia
- Longitude
- -76.4117
- Latitude
- 36.8223
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2019
$139,541
$4,784,500
$8,928,400
$13,712,900
-
$4,784,500
$8,928,400
$13,712,900
