1431 Precon Dr, Chesapeake, VA 23320 Property Records

Chesapeake City property record for 1431 Precon Dr, Chesapeake, VA 23320

Property Summary

Property TypeWarehouse, Storage
Details25,444 sqft · built 1982
Lot Size24.3 acres (1,059,074 sqft)
OwnerCompany Name on File
Last Sale$25,743,789 (Sep 2025)
Tax Bill$30,587 (2025)
Deeds & MortgagesNov 2025 Mortgage
Sep 2025 Sale
+ 2 more
APN0350000001146

Property Details

APN / Parcel Number

Primary APN0350000001146

Interior

Stories1 Story
Building Area25,444 sqft Total Area

Exterior

Year BuiltBuilt 1982
Effective Year BuiltEffective 1982
Exterior MaterialAluminum/Vinyl
Lot Area1,059,074 sqft (24.3 acres)
Lot Width414 ft Width
Garage TypeDetached
Garage Area2,745 sqft
PorchPorch
Porch Area3,000 sqft
Pole Barn4,600 sqft

Utilities, Heating & Cooling

Heating SystemSpace Heater
SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address1431 PRECON DR
CityCHESAPEAKE
StateVA
Zip23320-6355
Property CategoryIndustrial
Property TypeIndustrial > Warehouse, Storage
Local Zoning CodeM3: WATERF
Legal DescriptionPAR F-1-B-1 RESUB G & F-1-B WTRWAY INDUS PK 24.313
Legal SubdivisionWASHINGTON - COMMERCIAL
JurisdictionCHESAPEAKE CITY VA
Township / Civil DivisionCHESAPEAKE
Census Block Group2
Census Block2014
Census Tract20903

Owner

1431 Precon Dr, an industrial property, is owned by a company that bought it in September 2025.

Source: Chesapeake City records, as of October 13, 2026

Owner of RecordCompany Name on File
Mailing Address303 W MADISON ST, 1500, CHICAGO, IL 60606-3380
Owner TypeCompany
VestingLimited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Nov 3, 2025Deed of Trust, Mortgage · Commercial Mortgage
KEY BANK NA
Sep 11, 2025Deed, Transfer
COMMONWEALTH LAND TITLE INSURANCE COMPANY, COMMONWEALTH LAND TTL INS CO
Sep 11, 2025Bargain and Sale Deed, Transfer
COMMONWEALTH LAND TITLE INSURANCE COMPANY, COMMONWEALTH LAND TTL INS CO
Jun 24, 2021Warranty Deed, Transfer · Commercial Mortgage
PARTY III

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 11, 2025 · Amount on File
Deed SaleSep 11, 2025 · Amount on File
Prior SaleJun 24, 2021 · Amount on File
Deed Document Number202520908
Deed Book / Page10893 / 821
Record UpdatedOct 29, 2026

November 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHESAPEAKE CITY VA
Property Address1431 PRECON DR, CHESAPEAKE, VA 23320-6355
Transaction TypeMortgage
Record UpdatedDec 1, 2025
Title CompanyCOMMONWEALTH LAND TITLE INSURANCE COMPANY, COMMONWEALTH LAND TTL INS CO

Transferred To (Grantee/Buyer)

NameVerified Name
Address303 W MADISON ST 1500, 1500, CHICAGO, IL 60606-3380

Mortgage

Document Number10911/1708
DateNov 3, 2025
Book Page10911/1708
Instrument250025650
Lender
NameKEY BANK NA
TypeBank
AddressBOSTON, MA 02110
Agreement
TypeCommercial Mortgage
AmountAmount on Record

September 2025: Deed, Transfer

Document TypeDeed
JurisdictionCHESAPEAKE CITY VA
Recording DateSep 11, 2025
Property Address1431 PRECON DR, CHESAPEAKE, VA 23320-6355
Document Number010893/821
Book / Page10893 / 821
Instrument DateSep 4, 2025
Instrument250020908
Transaction TypeTransfer
Record UpdatedOct 3, 2025
Title CompanyCOMMONWEALTH LAND TITLE INSURANCE COMPANY, COMMONWEALTH LAND TTL INS CO

Transaction

AmountAmount on Record
Tax$25,744.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address303 W MADISON ST STE 1500, 1500, CHICAGO, IL 60606-3380

September 2025: Bargain and Sale Deed, Transfer

Document TypeBargain and Sale Deed
JurisdictionCHESAPEAKE CITY VA
Recording DateSep 11, 2025
Property Address1431 PRECON DR, CHESAPEAKE, VA 23320-6355
Document Number010893/814
Book / Page10893 / 814
Map ReferenceMB 144 PG 199
Instrument DateSep 4, 2025
Instrument250020907
Transaction TypeTransfer
Record UpdatedOct 3, 2025
Title CompanyCOMMONWEALTH LAND TITLE INSURANCE COMPANY, COMMONWEALTH LAND TTL INS CO

Transaction

AmountAmount on Record
Tax$3,756.50
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address303 W MADISON ST STE 1500, 1500, CHICAGO, IL 60606-3380

June 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCHESAPEAKE CITY VA
Recording DateJun 24, 2021
Property Address1431 PRECON DR, CHESAPEAKE, VA 23320-6355
Document Number010396/593
Book / Page10396 / 593
Instrument DateJun 23, 2021
Instrument210028819
Transaction TypeTransfer
Record UpdatedSep 23, 2022
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$0.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1401 PRECON DR STE 102, 102, CHESAPEAKE, VA 23320-6314

Mortgage

Document Number0210028820
DateJun 24, 2021
Instrument210028820
Lender
NamePARTY III
TypePrivate Party
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

The 2025 property tax bill for 1431 Precon Dr was $30,587.

Source: Chesapeake City assessment roll, as of October 13, 2026

Property Jurisdictions

TypeName
StateVirginia
MunicipalityChesapeake City
Unified School DistrictChesapeake City Public Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$2,986,400 (-1.39%) Land $1,853,400 Building $1,133,000$2,986,400 (-1.39%) Land $1,853,400 Building $1,133,000
2025$30,587.00$3,028,400 Land $1,853,400 Building $1,175,000$3,028,400 Land $1,853,400 Building $1,175,000
2023$2,621,700 (-0.28%) Land $1,421,600 Building $1,200,100$2,621,700 (-0.28%) Land $1,421,600 Building $1,200,100
2022$2,629,100 Land $1,421,600 Building $1,207,500$2,629,100 Land $1,421,600 Building $1,207,500
2019$25,505.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA has no flood map on file for 1431 Precon Dr; there have been 9 flood claims nearby since 2003.

Source: FEMA National Flood Hazard Layer · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneNot on file
Flood Insurance CostPremium on File
median of 334 policies
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies334 in force
Nearby Flood Claims9 (2003–2018)
Most Recent ClaimOct 2018 · other causes
Claims by Event
  • Hurricane Matthew, Oct 2016 · 2 claims
  • Hurricane Irene, Aug 2011 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1431 Precon Dr is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 99.6% of Virginia
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemCITY OF CHESAPEAKE - NORTHWEST RIVER SYS
serves 165,240 people · EPA ID VA3550051
Water SourceSurface water
Last State InspectionJun 2025
Lead1 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 3 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Starlink
Satellite
280 / 30
AT&T
Fixed Wireless
100 / 20

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