Property profile

509 Freeman Ave Chesapeake, VA 23324

OFF-MARKET
Distribution centers
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Property ID
US87-0913815
11,195 SF 3.42 ac Built 1962
Last sale Jan 2009·$2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2019

What does the county charge?
$9k
Tax billed · 2019
Assessed value · 2023$1.16M
Assessed land$342k
Assessed improvement$815k
Effective rate0.75%

Value estimate

· Nov 2026
$1.04M
$932k – $1.14M
CAP approach$1.37M
Submarket $/SF estimate$674k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$134/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$91 – $189
Qualifying comparables8

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?
M2: GENERAL INDUSTRIAL
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 agency19.3
Law Firm17.0
Restaurant13.2

Location

509 Freeman Ave Chesapeake, VA 23324-1066
County assessor Recorded deeds · 1 transfer 8 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

3 recorded sales · 14 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
828 Seaboard, Chesapeake, VA 23324-2645 $1,395,000 Sep 2021 10,800 SF
1541 Poindexter, Chesapeake, VA 23324-2467 $375,000 May 2021 10,129 SF
1559 Poindexter, Chesapeake, VA 23324-2467 $3,724,990 Feb 2020 88,550 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
4 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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