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    Property profile & analytics

    Harvard Dr Chesapeake, VA 23324

    • Apartment buildings
    • 108,864 SF
    • 10.10 lot acres
    OFF-MARKET
    Value Estimation
    $12,455,000
    Last Sale
    Aug 02, 2022
    $14,000,000
    Location Intelligence
    Property ID
    US87-1062495
    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

    • Apartment buildings

    Property Details for Harvard Dr

    Year built
    1968
    Lot size
    10.10 lot acres
    Property size
    108,864 SF
    Zone code
    RMF1: MULTI-FAMILY RESIDE
    Property type
    Apartment buildings
    APN
    1450000001570
    APU
    1450000001570

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,610,000

    • CAP approach

      CAP return
      Estimation
      6%
      $13,395,000
      6.5%
      $13,530,000
      7%
      $15,465,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $13,410,000
      Geo Method
      $15,760,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $15,830,000
      Retail
      $13,960,000
      Mixed-Use
      $11,715,000
      Hospitality
      $15,680,000
      Educational
      $13,810,000
      Residential Income
      $12,670,000
      Energy
      $13,035,000
      Income-Based Land
      $15,060,000
      Food Service
      $14,780,000

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.2797
    Latitude
    36.797
    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
    $47,372
    $2,525,000
    $4,998,600
    $7,523,600
    -
    $2,525,000
    $4,998,600
    $7,523,600

    Comparable in this City

    • Value Estimation
      $15,475,000
      97,632 SF

      4200 Reid St

      APARTMENT HOUSE (5+ UNITS) • 97,632 SF
      4200 Reid St, Chesapeake, VA 23324-2756
      View Details
    • Value Estimation
      $16,910,000
      108,303 SF

      1937 Robert Hall Blvd, Unit 1101

      APARTMENT HOUSE (5+ UNITS) • 108,303 SF
      1937 Robert Hall Blvd, Chesapeake, VA 23324-4302
      View Details
    • Value Estimation by Request
      129,487 SF

      2900 Stalham Rd, Unit 1

      APARTMENT HOUSE (5+ UNITS) • 129,487 SF
      2900 Stalham Rd, Chesapeake, VA 23324-4083
      View Details
    • Value Estimation by Request
      51,542 SF

      1000 Oakdale Ln, Unit H

      APARTMENT HOUSE (5+ UNITS) • 51,542 SF
      1000 Oakdale Ln, Chesapeake, VA 23324-2464
      View Details
    • Value Estimation
      $16,065,000
      75,472 SF

      3000 Parkside Dr

      APARTMENT HOUSE (5+ UNITS) • 75,472 SF
      3000 Parkside Dr, Chesapeake, VA 23324-4060
      View Details
    • Value Estimation by Request
      142,656 SF

      2000 Brookland Dr, Unit A

      APARTMENT HOUSE (5+ UNITS) • 142,656 SF
      2000 Brookland Dr, Chesapeake, VA 23324-2901
      View Details

    Similar Nearby for Sale

    • $435,000
      4,000 SF

      Mixed-Use Property Near Downtown Norfolk

      Fully rented mixed-use property with commercial and residential spaces near downtown.
      1300 Bainbridge Blvd, Chesapeake, VA 23324
      View Details
    • $199,900
      768 SF

      Chesapeake Quadplex Sold As-Is

      Quadplex in Chesapeake, sold as-is with non-conforming residential use.
      4210 Bainbridge Blvd, Chesapeake, VA 23324
      View Details
    • $199,500
      0.10 Acres

      Chesapeake Church - Prime Location

      Spacious Church Building, Corner Lot, VA
      2508 Hemple St, Chesapeake, VA 23324
      View Details
    • $175,000
      1,936 SF

      Chesapeake Retail Opportunity

      Retail property available for sale in Chesapeake, Virginia.
      3203 Bainbridge Blvd, Chesapeake, VA 23324
      View Details
    • Contact for pricing
      2.20 Acres

      Harbor Watch Shoppes: Great Bridge Retail Space

      Prime Retail/Office Space Available; 1,250 sq ft.
      1001 Ruritan Blvd, Chesapeake, VA 23324
      View Details
    • $350,000
      1.30 Acres

      Chesapeake Redevelopment Opportunity

      1.3-Acre Commercial/Industrial Land
      4102 Bainbridge Blvd, Chesapeake, VA 23324
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      267,010 SF

      Diamond Hill Distribution Center

      Chesapeake, VA industrial space available
      1960 Diamond Hill Rd, Chesapeake, VA 23324
      View Details
    • $21 SF/Yr
      13,813 SF

      Freestanding Retail Building with Drive-Thru

      Former drug store with drive-thru at signalized intersection.
      2040 Atlantic Ave, Chesapeake, VA 23324
      View Details
    • Contact for pricing
      2,400 SF

      Restaurant Space Off Interstate 664

      Restaurant space available in Chesapeake with developable land.
      4021-4027 Bainbridge Blvd, Chesapeake, VA 23324
      View Details
    • Contact for pricing
      224,620 SF

      Diamond Hill Distribution Center

      224,620 SF Industrial Space Available
      1920 Campostella Rd, Chesapeake, VA 23324
      View Details
    • $7,000 /Mo

      Chesapeake Land Available For Rent

      Land available for rent in Chesapeake, Virginia.
      5428 Bainbridge Blvd, Chesapeake, VA 23324
      View Details
    • Contact for pricing
      267,010 SF

      Diamond Hill Distribution Center

      200,210 SF Industrial Space Available
      1960 Diamond Hill Rd, Chesapeake, VA 23324
      View Details
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    Chesapeake, VA 23324
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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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