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    Property profile & analytics

    828 Providence Rd Chesapeake, VA 23325-4012

    • Office buildings
    • 4,936 SF
    • 0.60 lot acres
    OFF-MARKET
    Value Estimation
    $670,000
    Last Sale
    May 06, 2024
    $675,000
    Location Intelligence
    Property ID
    US87-1064853
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • IBEW Local 80 / Labor Union
    • Tidewater Electrical Industry / Electrician
    • Ibew Local 80 FCU / Federal Credit Union / Atm

    Property Details for 828 Providence Rd

    Year built
    2004
    Lot size
    0.60 lot acres
    Property size
    4,936 SF
    Zone code
    B1: NEIGHBORHOOD BUSINESS
    Property type
    Office buildings
    APN
    202011000002
    APU
    202011000002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $675,000

    • CAP approach

      CAP return
      Estimation
      6%
      $605,000
      6.5%
      $595,000
      7%
      $650,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $675,000
      Geo Method
      $630,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $575,000
      Retail
      $675,000
      Mixed-Use
      $750,000
      Hospitality
      $650,000
      Educational
      $645,000
      Residential Income
      $620,000
      Energy
      $700,000
      Income-Based Land
      $610,000
      Food Service
      $710,000

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.2262
    Latitude
    36.8088
    CBSA code
    47260
    CBSA name
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $6,744
    $195,300
    $445,700
    $641,000
    -
    $195,300
    $445,700
    $641,000

    Comparable in this City

    • Value Estimation by Request
      8,000 SF

      2200 Dunbarton Dr

      OFFICE BUILDING • 8,000 SF
      2200 Dunbarton Dr, Chesapeake, VA 23325-4920
      View Details
    • Value Estimation
      $220,000
      3,162 SF

      1617 Sparrow Rd Ste B

      OFFICE BUILDING • 3,162 SF
      1617 Sparrow Rd Ste B, Chesapeake, VA 23325-4000
      View Details
    • Value Estimation
      $330,000
      1,950 SF

      4200 Indian Riv Rd

      OFFICE BUILDING • 1,950 SF
      4200 Indian Riv Rd, Chesapeake, VA 23325-3006
      View Details
    • Value Estimation
      $75,000
      1,250 SF

      4202 Indian Riv Rd

      OFFICE BUILDING • 1,250 SF
      4202 Indian Riv Rd, Chesapeake, VA 23325-3006
      View Details
    • Value Estimation by Request
      10,160 SF

      4310 Indian Riv Rd

      OFFICE BUILDING • 10,160 SF
      4310 Indian Riv Rd, Chesapeake, VA 23325-3100
      View Details
    • Value Estimation
      $325,000
      4,722 SF

      4217 Indian Riv Rd

      OFFICE BUILDING • 4,722 SF
      4217 Indian Riv Rd, Chesapeake, VA 23325-3000
      View Details

    Similar Nearby for Lease

    • $2,000 /Mo
      850 SF

      Retail Space in Chesapeake, VA

      Retail space available for lease in Chesapeake, Virginia.
      1108 Sparrow Rd, Chesapeake, VA 23325
      View Details
    • Contact for pricing
      1,941 SF

      Retail Space For Lease

      Retail space available near major highways and anchored by national tenants.
      4303-4361 Indian River Rd, Chesapeake, VA 23325
      View Details
    • $4,500 /Mo

      Commercial Land Available For Lease

      Commercial land for lease, available November 1, 2024.
      192 Providence Rd, Chesapeake, VA 23325
      View Details
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    828 Providence Rd
    Chesapeake, VA 23325-4012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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