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Property profile & analytics
OFF-MARKET
Estimated value
$9,475,000
Hotels
817 Greenbrier Cir Chesapeake, VA 23320-2623
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US87-0953708
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Total area
63,090 SF
Lot
2.16 ac (93,959 SF)
Zoning code
PUD: PLANNED UNIT DEVELOP
APN
280000000940
UPID
US87-0953708
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
-
Wingate by Wyndham Chesapeake Hotel & Motel
-
American Crypto Bitcoin ATM Atm Crypto Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.48M
CAP Approach
CAP
$7.31M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.48M
Owner & transaction history
Cbs Ventures LLC · 2 yrs held
Cbs Ventures LLC
since 2024
Last sale
$9.5M
4 recorded transactions
Zoning & alternative use
PUD: PLANNED UNIT DEVELOP · Chesapeake, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$10.1M
+1,403.8%
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
$9,475,000
ML approach
$9,475,000
CAP Approach
CAP Return
Estimation
6%
$7,910,000
6.5%
$7,305,000
7%
$6,780,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,055,000
Change: +1,404% · Conversion: Difficult
Blend value · Realmo final
$9.48M
Range $8.53M – $10.42M · ±10% · vs last sale $9.47M (Feb 21 2024)
Last sale anchor
$9.47M
Feb 21 2024
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
$150 / 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
$52,526
Tax year 2019
Assessed value
$2,622,100
Assessed 2023
Previous assessed
$2,622,100
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$970,700
Assessed improvement
$1,651,400
Land market value
$970,700
Improvement market value
$1,651,400
Total market value
$2,622,100
Applied tax rate
43.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2006
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
40
Units
1
Total area
63,090 SF
Lot
2.16 ac (93,959 SF)
Zoning code
PUD: PLANNED UNIT DEVELOP
APN
280000000940
UPID
US87-0953708
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
COMMERCIAL (GENERAL)
Est. value
$10.1M
COMMERCIAL (GENERAL)
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
2006
Heating
PACKAGE
Cooling
Yes
Stories
40
Units
1
Lot
2.16 ac
Current owner
From public records · entity-resolved
Cbs Ventures LLC
Entity
Mailing address
5411 BACKLICK RDC, ALEXANDRIA, VA 22312
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2024
$9,474,352
Cbs Ventures LLC
Sindhu Realty LLC
Special Warranty Deed
$7,908,750 · Virginia National Bank
Dec 21, 2017
—
Sindhu Realty LLC
—
Deed
related
$3,900,000 · Xenith Bank
Jun 11, 2014
$4,850,000
Sindhu Realty LLC
Rref Bb Va Ghl LLC
Special Warranty Deed
$3,500,000 · Hanmi Bank
Aug 21, 2012
$4,335,300
Rref Bb Va Ghl LLC
Greenbrier Hospitality LLC
Quit Claim Deed
related
—
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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