Property profile

5037 Military Hwy Chesapeake, VA 23321

OFF-MARKET
Commercial land
Property ID
US87-3712245
0.36 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.36 ac (15,769 SF)
Zoning code B3: HIGHWAY SERVICE
APN 220000001361
UPID US87-3712245

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5037 Military Hwy Chesapeake, VA 23321-1103
Chesapeake metro Census 21507 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2024
Last sale
$32,500
4 recorded transactions
2024
$32,500
2019
$13,750
2019
Price N/A
2008
$20,000

Zoning & alternative use

B3: HIGHWAY SERVICE · 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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