1256 CedarChesapeake, VA 23322

  • Retail properties
  • 3,185 SF
Off market
$1,311,700 Estimated

Property Details for 1256 Cedar

Year built
1994
Lot size
0.89 AC
Property size (Sq ft)
3,185 SF
Zone code
B4: SHOPPING CENTER
Property type
Retail properties
Property subtype
Drive through restaurants
APN
585002000002
APU
585002000002

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $868,660
    6.5%
    $801,840
    7%
    $744,566
  • Comparable approach

    Method
    Valuation
    Relative Method
    $900,788
    Geo Method
    $1,340,456
  • Alternative Use

    Use
    Valuation
    Residential
    $676,382
    Hospitality
    $619,563
    Educational
    $515,469
    Medical
    $533,197
    Retail
    $801,840
1256 Cedar, Chesapeake, Virginia

Location Insight

City
Chesapeake
County
Chesapeake City
State
Virginia
Latitude
36.7182
Longitude
-76.2848
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
$12,066
$623,000
$688,700
$1,311,700
-
$623,000
$688,700
$1,311,700

FAQs

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