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Property profile & analytics
OFF-MARKET
Estimated value
$2,640,000
Industrial properties
805 Live Oak Dr Chesapeake, VA 23320-2672
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US87-0136049
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1983
Total area
22,600 SF
Lot
1.7 ac (74,052 SF)
Zoning code
PUD: PLANNED UNIT DEVELOP
APN
200000000470
UPID
US87-0136049
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Adroit Films, LLC Film Production Television Studio
-
Taylor Freezer Sales Co Food Machinery Supplier Commercial Refrigeration
-
Ore Builders General Contractor
-
Bill Ore Construction Company General Contractor
-
JK Waxing and Beauty Studio Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.78M
Blend (final)
Blend
$2.64M
Owner & transaction history
Te And Ao Holdings LLC · 3 yrs held
Te And Ao Holdings LLC
since 2023
Last sale
$2.6M
3 recorded transactions
Zoning & alternative use
PUD: PLANNED UNIT DEVELOP · Chesapeake, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.2M
+60.9%
Commercial (general)
$3.8M
+43.7%
Office building
$3.2M
+21.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chesapeake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chesapeake submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,520,000
ML approach
$2,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,630,000
Current use
RETAIL STORES
$4,235,000
Change: +61% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,780,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$3,185,000
Change: +21% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,160,000
Change: +20% · Conversion: Easy
Blend value · Realmo final
$2.64M
Range $2.38M – $2.90M · ±10% · vs last sale $2.60M (Jan 13 2023)
Last sale anchor
$2.60M
Jan 13 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$117 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2019Property tax & assessments
Tax year 2019
Tax billed
$18,218
Tax year 2019
Assessed value
$2,502,900
Assessed 2023
Previous assessed
$2,306,500
+8.5% YoY
Effective rate
0.73%
On assessed value
Assessed land
$510,000
Assessed improvement
$1,992,900
Land market value
$510,000
Improvement market value
$1,992,900
Total market value
$2,502,900
Applied tax rate
42.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1983
Heating
HEAT PUMP
Stories
1
Units
1
Total area
22,600 SF
Lot
1.7 ac (74,052 SF)
Zoning code
PUD: PLANNED UNIT DEVELOP
APN
200000000470
UPID
US87-0136049
Jurisdiction
CHESAPEAKE CITY
Zoning & alternative use
PUD: PLANNED UNIT DEVELOP · Chesapeake, VA
Zoning PUD: PLANNED UNIT DEVELOP · permitted uses
PUD: PLANNED UNIT DEVELOP · Chesapeake, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chesapeake. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
RETAIL STORES
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$3.8M
OFFICE BUILDING
Est. value
$3.2M
WAREHOUSE, STORAGE
Est. value
$3.2M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
HEAT PUMP
Stories
1
Units
1
Lot
1.7 ac
Current owner
From public records · entity-resolved
Te And Ao Holdings LLC
Entity
Mailing address
2032 ATLANTIC AVE #101, CHESAPEAKE, VA 23324-3004
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2023
$2,600,000
Te And Ao Holdings LLC
Wt Holdings LLC
Warranty Deed
$2,080,000 · Truist Bank
Oct 3, 2022
—
Wt Holdings LLC
—
Deed
related
$545,000 · Fulton Bank NA
Jul 11, 2011
$1,625,000
Wt Holdings LLC
Roland L Ore JR
Warranty Deed
$1,584,000 · Wells Fargo Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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