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616 Innovation Dr; Chesapeake, VA Property Details

616 Innovation Dr, Chesapeake, VA is a Warehouse that was built in 2007. This property is currently a cash purchase and is not for sale. Our records show that 616 Innovation Dr has a total of 22,880 square feet. The lot size of 616 Innovation Dr is 86,597 square feet.

Off market
616 Innovation Dr Chesapeake, VA 23320
$3,279,000 Estimated Value
22,880 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2007
  • Purchase Price: $3,200,000
  • APN: 0482010000370
  • Situs County: Chesapeake City
  • Length Of Ownership: 6 years, 5 months

Structure

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

Measurements

  • Total: 22,880/SqFt
  • Lot: 86,597/SqFt
  • Gross: 22,880/SqFt
  • Living: 22,880/SqFt
  • Building: 22,880/SqFt
  • Price Per Square Foot: $139.86

Legal Description

  • Description: LT 37 OAKBROOKE BUSINESS & TECHNOLOGY CTR PH 1 1.98
Building Insights

Land Information

  • Property Type: Warehouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Chesapeake City Public Schools
  • Lat / Lon: 36.73377 / -76.21668
  • Subdivision: Oakbrooke Business & Tech Center
  • Property Class: Industrial
  • Zoning: PUD: PLANN

Amenities

  • Plus Four: 3846
  • Cooling: Packaged Unit
  • Heating: Yes

Ownership Info

616 Innovation Dr has no associated ownership info
616 Innovation Dr has no associated ownership info.

Taxes

616 Innovation Dr has 10 associated Taxes items

616 Innovation Dr, 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 $3,279,000. The APN we've located for 616 Innovation Dr is 0482010000370.

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Taxes
  • Assessed Value:  $3,279,000
  • Assessed Year:  2025
  • Assessed County:  Chesapeake City
  • APN:  0482010000370
  • Assessed Land Value:  417500
  • Market Land Value:  417500
  • Tax Amount:  33118
  • Tax Year:  2025
  • Market Value:  3279000
  • Market Year:  2025

Tax History

616 Innovation Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,279,000 Land Value $417,500 Improvement Value $2,861,500 Tax Amount $33,118 Change Rate +0.013248% Assessed CR Tax Rate +0.0101%
Year 2024 Assessed Value $3,236,100 Land Value $417,500 Improvement Value $2,818,600 Tax Amount $32,685 Change Rate -0.047746% Assessed CR Tax Rate +0.0101%
Year 2023 Assessed Value $3,398,400 Land Value $497,000 Improvement Value $2,901,400 Tax Amount $34,323.84 Change Rate +0.067438% Assessed CR Tax Rate +0.0101%
Year 2022 Assessed Value $3,183,700 Land Value $377,700 Improvement Value $2,806,000 Tax Amount $32,155.36 Change Rate +0.027501% Assessed CR Tax Rate +0.0101%
Year 2021 Assessed Value $2,979,700 Land Value $377,700 Improvement Value $2,602,000 Tax Amount $31,294.73 Change Rate +0.380716% Assessed CR Tax Rate +0.010503%
Year 2020 Assessed Value $2,980,700 Land Value $377,700 Improvement Value $2,603,000 Tax Amount $22,665.58 Change Rate +0.145402% Assessed CR Tax Rate +0.007604%
Year 2019 Assessed Value $1,884,600 Land Value $377,700 Improvement Value $1,506,900 Tax Amount $19,788.32 Change Rate +0.000001% Assessed CR Tax Rate +0.0105%
Year 2018 Assessed Value $1,884,600 Land Value $377,700 Improvement Value $1,506,900 Tax Amount $19,788.3 Change Rate -0.038077% Assessed CR Tax Rate +0.0105%
Year 2017 Assessed Value $1,974,100 Land Value $467,200 Improvement Value $1,506,900 Tax Amount $20,571.6 Change Rate +0.007663% Assessed CR Tax Rate +0.010421%
Year 2016 Assessed Value $1,944,300 Land Value $437,400 Improvement Value $1,506,900 Tax Amount $20,415.15 Change Rate +0.031677% Assessed CR Tax Rate +0.0105%
Year 2015 Assessed Value $1,884,600 Land Value $377,700 Improvement Value $1,506,900 Tax Amount $19,788.32 Change Rate +0.000001% Assessed CR Tax Rate +0.0105%
Year 2014 Assessed Value $1,884,600 Land Value $377,700 Improvement Value $1,506,900 Tax Amount $19,788.3 Change Rate Assessed CR Tax Rate +0.0105%