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    423 Battlefield Blvd Chesapeake, VA 23320

    For Sale
    $825,000

    Prime 2.16-Acre Lot, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 2.16-acre commercial parcel presents a rare opportunity in a high-traffic area of Chesapeake, Virginia. Strategically located near the intersection of Battlefield Boulevard and major thoroughfares including the 168 Bypass, this property offers unparalleled visibility and accessibility. Its B-2 zoning allows for a wide range of commercial uses, making it ideal for businesses seeking a prominent location with high potential for customer traffic. The expansive lot size provides ample space for development, accommodating a variety of building plans and configurations. The property's proximity to Greenbrier, Kempsville Road, and the Great Bridge area further enhances its desirability, placing it within easy reach of a substantial residential and commercial base. This location offers convenient access to a major hospital, adding to its overall appeal and potential for various commercial ventures. Given its size, zoning, and strategic location, this property represents a significant investment opportunity for discerning buyers seeking a high-impact commercial presence in a thriving Chesapeake community. The property is offered at $825,000. Serious inquiries are encouraged. The square footage is not currently available.

    Property Features for 423 Battlefield Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    94,090 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -76.24042
    Latitude
    36.73063

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2.16-Acre Lot, High Visibility
    Where is this commercial real estate located?
    The property is located at 423 Battlefield Blvd Chesapeake, VA.
    What is the asking price?
    The asking price for this property is $825,000.
    (757) 490-7300
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    423 Battlefield Blvd Chesapeake, VA 23320
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    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
    423 Battlefield Blvd Chesapeake, VA 23320
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