1230 ProgressiveChesapeake, VA 23320

  • Healthcare properties
  • 10,701 SF
Off market
$2,200,300 Estimated

Property Details for 1230 Progressive

Year built
1996
Lot size
0.97 AC
Property size (Sq ft)
10,701 SF
Zone code
PUD: PLANNED UNIT DEVELOP
Property type
Healthcare properties
Property subtype
Medical offices
APN
373002000890
APU
373002000890

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,985,398
    6.5%
    $1,832,675
    7%
    $1,701,770
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,200,983
    Geo Method
    $1,787,174
  • Alternative Use

    Use
    Valuation
    Residential
    $2,272,518
    Hospitality
    $2,081,614
    Educational
    $1,731,878
    Medical
    $1,791,440
    Retail
    $2,694,033
1230 Progressive, Chesapeake, Virginia

Location Insight

City
Chesapeake
County
Chesapeake City
State
Virginia
Latitude
36.7678
Longitude
-76.231
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
$24,045
$1,014,300
$1,186,000
$2,200,300
-
$1,014,300
$1,186,000
$2,200,300

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