7198 Chapman Dr 7 Hayes, VA 23072-3416
This exceptional 1,680 square foot commercial office building, located at 7198 Chapman Drive in Gloucester Point, Virginia, presents a unique investment opportunity. Built in 1989, this two-story property offers a flexible layout suitable for a variety of professional uses, including executive offices, medical offices, or traditional office settings. The asking price is $227,000. The property's prime location in Hayes offers convenient access to the Coleman Bridge, situated just 3.5 miles to the south. The spacious interior is well-designed to accommodate the needs of growing businesses. Multiple rooms provide ample space for individual offices, collaborative work areas, and client meeting spaces. The building's versatility makes it an ideal choice for businesses seeking to expand or establish a strong presence in the Gloucester Point area. The property's zip code is 23072, and it is situated in Gloucester County. This is a chance to acquire a well-maintained commercial property in a desirable location, offering significant potential for return on investment. The property is classified as an Office building with subtypes including Executive Office, Medical Office, and Traditional Office.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 · Hayes, VACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.