Technical
Financial
Distress signals
Property profile

4809 Market Pl Chesapeake, VA 23321

OFF-MARKET
Motels
Property ID
US87-0977068
53,200 SF 2.24 ac lot Built 2007
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 2007
Total area 53,200 SF
Lot 2.24 ac (97,792 SF)
Zoning code B2: GENERAL BUSINESS
APN 151016000040
UPID US87-0977068

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
  • Hotel & Motel
  • Hotel & Motel

Location

4809 Market Pl Chesapeake, VA 23321-2235
Chesapeake metro Census 21505 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$949k
Blend (final) Blend
$715k

Owner & transaction history

since 2026
1 recorded transaction
2026
Price N/A

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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