1448 Precon Dr, Chesapeake, VA 23320 Property Records

Chesapeake City property record for 1448 Precon Dr, Chesapeake, VA 23320

Property Summary

Property TypeGeneral Industrial
Detailsbuilt 1754
Lot Size4.56 acres (198,764 sqft)
OwnerCompany Name on File
Last Sale$25,743,789 (Sep 2025)
Tax Bill$12,415 (2025)
Deeds & MortgagesNov 2025 Mortgage
Sep 2025 Sale
+ 3 more
APN0350000001144

Property Details

APN / Parcel Number

Primary APN0350000001144

Exterior

Year BuiltBuilt 1754
Effective Year BuiltEffective 1754
Lot Area198,764 sqft (4.56 acres)
Lot Dimensions428 ft deep x 105 ft wide

Utilities, Heating & Cooling

SewerMunicipal
Water SourceCommercial

Location & Zoning

Street Address1448 PRECON DR
CityCHESAPEAKE
StateVA
Zip23320
Property CategoryIndustrial
Property TypeIndustrial > General Industrial
Local Zoning CodeM3: WATERF
Legal DescriptionPARCEL D SUBD WATERWAY INDUSTRIAL PK 4.56AC
Legal SubdivisionELIZABETH RIVER WATERFRONT
JurisdictionCHESAPEAKE CITY VA
Township / Civil DivisionCHESAPEAKE
Census Block Group2
Census Block2014
Census Tract20903

Owner

1448 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 names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

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

Deeds, Mortgages & Sale History

DateDocument
Nov 3, 2025Deed of Trust, Mortgage · Commercial Mortgage
KEY BANK NA
Sep 11, 2025Bargain and Sale Deed, Transfer
COMMONWEALTH LAND TITLE INSURANCE COMPANY, COMMONWEALTH LAND TTL INS CO
Sep 11, 2025Deed, Transfer
COMMONWEALTH LAND TITLE INSURANCE COMPANY, COMMONWEALTH LAND TTL INS CO
Nov 17, 2020Deed of Trust, Mortgage · Stand-Alone Refinance
FIRST CAROLINA BANK
Dec 17, 2018Deed of Trust, Mortgage · Commercial Mortgage
TOWNEBANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 11, 2025 · Amount on File
Deed SaleSep 11, 2025 · Amount on File
Prior SaleJun 25, 2013 · 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 Address1448 PRECON DR, CHESAPEAKE, VA 23320
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: Bargain and Sale Deed, Transfer

Document TypeBargain and Sale Deed
JurisdictionCHESAPEAKE CITY VA
Recording DateSep 11, 2025
Property Address1448 PRECON DR, CHESAPEAKE, VA 23320
Document Number010893/814
Book / Page10893 / 814
Map ReferenceMB 133 PG 63&63A-63C
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

September 2025: Deed, Transfer

Document TypeDeed
JurisdictionCHESAPEAKE CITY VA
Recording DateSep 11, 2025
Property Address1448 PRECON DR, CHESAPEAKE, VA 23320
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

November 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHESAPEAKE CITY VA
Property Address1448 PRECON DR, CHESAPEAKE, VA 23320
Transaction TypeMortgage
Record UpdatedSep 22, 2023
Title CompanyATTORNEY ONLY, ATTORNEY

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number10257/1439
DateNov 17, 2020
Book Page10257/1439
Instrument200043128
Lender
NameFIRST CAROLINA BANK
Agreement
TypeStand-Alone Refinance
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

December 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHESAPEAKE CITY VA
Property Address1448 PRECON DR, CHESAPEAKE, VA 23320
Transaction TypeMortgage
Record UpdatedSep 22, 2023
Title CompanyVIRGINIA HOME TITLE AND SETTLEMENT, VIRGINIA HOME TITLE&STLMNTS

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number009975/177
DateDec 17, 2018
Book Page9975/177
Instrument180032598
Lender
NameTOWNEBANK
Agreement
TypeCommercial Mortgage
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 1448 Precon Dr was $12,415.

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$1,545,300 (+25.72%) Land $1,269,900 Building $275,400$1,545,300 (+25.72%) Land $1,269,900 Building $275,400
2025$12,415.00$1,229,200 Land $957,200 Building $272,000$1,229,200 Land $957,200 Building $272,000
2023$1,144,200 (+3.22%) Land $872,200 Building $272,000$1,144,200 (+3.22%) Land $872,200 Building $272,000
2022$1,108,500 Land $872,200 Building $236,300$1,108,500 Land $872,200 Building $236,300
2019$10,867.00

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 1448 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

The area around 1448 Precon Dr has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire RiskNot rated
no burnable land within 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.

Nearby Properties on Precon Dr

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