Property profile

638 Cedar Rd Chesapeake, VA 23322

OFF-MARKET
Commercial land
Property ID
US87-1326928
0.47 ac lot
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.47 ac (20,386 SF)
Zoning code O-I: OFFICE & INSTITUTION
APN 470000001108
UPID US87-1326928

Cap rate & NOI

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

Location

638 Cedar Rd Chesapeake, VA 23322-8314
Chesapeake metro Census 21005 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2024
2 recorded transactions
2025
Price N/A
2024
$300,000

Zoning & alternative use

O-I: OFFICE & INSTITUTION · 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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