688 KingsboroughChesapeake, VA 23320

  • Healthcare properties
  • 38,854 SF
Off market
$5,361,900 Estimated

Property Details for 688 Kingsborough

Year built
1980
Lot size
2.54 AC
Property size (Sq ft)
38,854 SF
Zone code
O-I: OFFICE & INSTITUTION
Property type
Healthcare properties
Property subtype
Assisted living facilities
APN
370000000015
APU
370000000015

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,046,538
    6.5%
    $6,504,496
    7%
    $6,039,890
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,014,714
    Geo Method
    $7,462,358
  • Alternative Use

    Use
    Valuation
    Residential
    $8,251,228
    Hospitality
    $7,558,081
    Educational
    $6,288,234
    Medical
    $6,504,496
    Retail
    $9,781,698
688 Kingsborough, Chesapeake, Virginia

Location Insight

City
Chesapeake
County
Chesapeake City
State
Virginia
Latitude
36.7434
Longitude
-76.2472
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
$52,072
$889,400
$4,472,500
$5,361,900
-
$889,400
$4,472,500
$5,361,900

FAQs

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