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    409 Innovation Dr Chesapeake, VA 23320

    For Lease
    $6,048 /Mo ($24 SF/Yr)

    Lease,Commercial/Industrial-lease - Chesapeake, VA

    Property size:
    3,024 SF
    Lot size:
    1.90 Acres
    Days on Market:
    159
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 409 Innovation Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Off Street, Paved or Surfaced
    Size
    3,024 SF
    Lot size
    1.90 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2022
    Architectural style
    Other

    Long & Foster Real Estate Inc.

    Listing agent Michael Tacoronte (757) 547-4555

    Listing date Jun 30, 2025

    MLS# 10566065 Listing URL

    Copyright © 2025 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Space Available

    Professional Class A office space is available for lease. The available space is 3,024 square feet. A minimum 5-year lease is preferred, with a preference for a 10-year lease. The property is situated on a 1.9-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Avmac llc Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2229226
    Latitude
    36.7339828

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    FAQs

    What type of property is this?
    Office space - Professional office space for lease in Chesapeake, Virginia.
    Where is this office space located?
    The property is located at 409 Innovation Dr Chesapeake, VA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Class A office space ready for your business.; - Build to suit, customize the space to your needs.; - 3,024 square feet available.
    (757) 547-4555
    Request Owner's contact information
    409 Innovation Dr Chesapeake, VA 23320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    409 Innovation Dr Chesapeake, VA 23320
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