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509 Freeman Ave; Chesapeake, VA Property Details

509 Freeman Ave, Chesapeake, VA is a Distribution Warehouse that was built in 1962. This property is currently Financed and is not for sale. Our records show that 509 Freeman Ave has a total of 11,195 square feet. The lot size of 509 Freeman Ave is 148,975 square feet.

Off market
509 Freeman Ave Chesapeake, VA 23324
$1,009,700 Estimated Value
11,195 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1962
  • Purchase Price: $2,000,000
  • Open Loans / Balance: 1 / $1,253,124
  • APN: 1510000000030
  • Situs County: Chesapeake City
  • Length Of Ownership: 17 years, 6 months

Structure

  • Stories: 1
  • Exterior Wall Type: Other
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 11,195/SqFt
  • Lot: 148,975/SqFt
  • Gross: 11,195/SqFt
  • Living: 11,195/SqFt
  • Building: 11,195/SqFt
  • Price Per Square Foot: $178.65

Legal Description

  • Description: PAR 2 SUB PLAT PAR A SCHWERMAN VIRGINIA LLC 3.420
Building Insights

Land Information

  • Property Type: Distribution Warehouse
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.787415 / -76.28842
  • Subdivision: South Norfolk - Commercial
  • Property Class: Industrial
  • Zoning: M2: GENERA

Amenities

  • Plus Four: 1066
  • Cooling: Packaged Unit
  • Heating: Yes

Ownership Info

509 Freeman Ave has no associated ownership info
509 Freeman Ave has no associated ownership info.

Taxes

509 Freeman Ave has 10 associated Taxes items

509 Freeman Ave, Chesapeake, VA pays taxes in Chesapeake City County, VA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,009,700. The APN we've located for 509 Freeman Ave is 1510000000030.

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Taxes
  • Assessed Value:  $1,009,700
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  1510000000030
  • Assessed Land Value:  376200
  • Market Land Value:  376200
  • Tax Amount:  10198
  • Tax Year:  2025
  • Market Value:  1009700
  • Market Year:  2025

Tax History

509 Freeman Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,009,700 Land Value $376,200 Improvement Value $633,500 Tax Amount $10,198 Change Rate +0.022766% Assessed CR Tax Rate +0.0101%
Year 2024 Assessed Value $987,200 Land Value $342,000 Improvement Value $645,200 Tax Amount $9,971 Change Rate -0.146955% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $1,157,300 Land Value $342,000 Improvement Value $815,300 Tax Amount $11,688.72 Change Rate +0.086462% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $1,065,200 Land Value $342,000 Improvement Value $723,200 Tax Amount $10,758.52 Change Rate +0.210096% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $836,300 Land Value $342,000 Improvement Value $494,300 Tax Amount $8,890.63 Change Rate +0.013983% Assessed CR Tax Rate +0.010631%
Year 2020 Assessed Value $850,200 Land Value $342,000 Improvement Value $508,200 Tax Amount $8,768.03 Change Rate +0.044989% Assessed CR Tax Rate +0.010313%
Year 2019 Assessed Value $830,000 Land Value $342,000 Improvement Value $488,000 Tax Amount $8,390.55 Change Rate +0.013058% Assessed CR Tax Rate +0.010109%
Year 2018 Assessed Value $788,800 Land Value $342,000 Improvement Value $446,800 Tax Amount $8,282.4 Change Rate +0.025146% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $781,900 Land Value $342,000 Improvement Value $439,900 Tax Amount $8,079.24 Change Rate +0.016448% Assessed CR Tax Rate +0.010333%
Year 2016 Assessed Value $757,000 Land Value $342,000 Improvement Value $415,000 Tax Amount $7,948.5 Change Rate +0.100931% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $687,600 Land Value $307,800 Improvement Value $379,800 Tax Amount $7,219.8 Change Rate +0.004822% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $684,300 Land Value $307,800 Improvement Value $376,500 Tax Amount $7,185.15 Change Rate Assessed CR Tax Rate +0.0105%