Technical
Financial
Distress signals
Property profile

956 Providence Rd Chesapeake, VA 23325

OFF-MARKET
Auto shops
Property ID
US87-1333138
12,900 SF 0.54 ac lot Built 1754
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1754
Total area 12,900 SF
Lot 0.54 ac (23,392 SF)
Zoning code M1: LIGHT INDUSTRIAL
APN 203006000010
UPID US87-1333138

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

956 Providence Rd Chesapeake, VA 23325-4202
Chesapeake metro Census 20003 VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.62M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.67M
Blend (final) Blend
$1.60M

Owner & transaction history

since 2021
Last sale
$1.5M
3 recorded transactions
2021
Price N/A
2021
$1.5M
2010
$670,000

Zoning & alternative use

M1: LIGHT INDUSTRIAL · 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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