Financial
Distress signals
Property profile

4136 Airline Blvd Chesapeake, VA 23321

FOR SALE
Commercial land
Property ID
US87-0880145
2,224 SF 0.64 ac lot Built 1950
Last sale Apr 2017 · $1,587,460
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a build-ready commercial land lot located just off Airline Boulevard in Chesapeake, Virginia, with a stated size of approximately 0.64 acres (27,878 square feet). Tax records indicate the lot is zoned B-1, which supports a wide range of commercial uses. The site has frontage/access suitable for development and is positioned with connectivity to major regional routes, including I-64. Utilities are available at the street, and the lot topography is described as supporting efficient development.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?
$1k
Tax billed · 2019
Assessed value · 2023$128k
Assessed land$128k
Effective rate1.05%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$235k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$163/SF
Submarket average, outlier-cleaned · 120 recorded sales of this use type
Observed band · Q1–Q3$99 – $236
Qualifying comparables17

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1: NEIGHBORHOOD BUSINESS
JurisdictionCHESAPEAKE CITY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.2
Dental Office12.7
Law Firm12.3

Location

4136 Airline Blvd Chesapeake, VA 23321
County assessor Recorded deeds · 2 transfers 17 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Watts Brothers, Chesapeake, VA 23321 $875,000 May 2025 702 SF
604 Snowden, Chesapeake, VA 23321-1112 $600,000 Oct 2023 1,468 SF
3228 Western Br, Chesapeake, VA 23321-5220 $1,050,000 Nov 2022 390 SF
3203 Churchland, Chesapeake, VA 23321-5205 $1,000,000 Dec 2021 900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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