Commercial Real Estate in Chesapeake
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Reonomy attracts a large community of Chesapeake commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.
Chesapeake commercial real estate sold prices and values
|Values and sold prices (last 24 months)||United States||Florida||Chesapeake|
|Average sold price||$704,320||$612,509||$7,000|
|Median sold price||$119,110||$131,215||$7,000|
|Number of sales||4,978,222||492,672||--|
|Number of sales over $250k||1,723,171||177,928||--|
|Number of sales over $1m||358,117||33,557||--|
|Number of sales over $10m||49,028||4,755||--|
|Average total tax amount||$9,549||$4,170||$272|
|Average assessed value||$232,854||$196,040||$9,240|
|Average market value||$313,528||$224,835||$11,000|
Chesapeake commercial real estate property averages
|Property averages||United States||Florida||Chesapeake|
|Average lot size||827,164 sf||315,939 sf||10,019 sf|
|Median lot size||24,601 sf||13,041 sf||10,019 sf|
|Average building area||--||--||--|
|Median building area||--||--||--|
|Median year built||1972||1984||--|
|Average number of units||18||72||--|
|Median number of units||2||2||--|
Chesapeake commercial real estate total supply
|Number of parcels||204,293,613||3,181,514||--|
|Aggregate lot acerage||863,559,291||17,879,779||--|
|Aggregate building area||--||--||--|
Chesapeake commercial real estate industrial mortgages
|Number of mortgages||42,046,950||2,529,950||--|
|Average value of mortgages||$5,768,886||$5,008,438||--|