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    1533 Volvo Pkwy Chesapeake, VA 23320

    For Sale
    $4,750,000

    Two-story medical office building in the Greenbrier submarket.

    Property size:
    12,732 SF
    Lot size:
    1.34 Acres

    Property Features for 1533 Volvo Pkwy

    General Information

    Size
    12,732 SF
    Lot size
    1.34 Acres

    Source: Divaris Real Estate - Hampton Roads Agent Jason Oliver

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Office Building on Volvo

    The property at 1533 Volvo Pkwy is a two-story medical office building situated in the Greenbrier submarket. This submarket is recognized as one of the most established and desirable in the area, containing approximately 3.9 million square feet of office space, with a vacancy rate of 8.9%. Constructed in 2011, the building has a total area of 12,732 square feet. The building is currently occupied by Konikoff Dentistry and Klar Vorhees Orthodontics, both part of the Dental Care Alliance family. The property benefits from prime frontage on Volvo Parkway, offering high visibility and ease of access.
    Location Intelligence

    Current Use by Public Records

    Throckmorton Maria V ... Dentist Dr. Jason Campbell Dentist Jesse Washington Lee Oral Surgeon Dr. Nicole Reddout Dentist Dr. Jesse Lee Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Cooke Veterinary Medical Center, Highlands Veterinary Center

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2049613
    Latitude
    36.7631009

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    FAQs

    What type of property is this?
    Medical office - Two-story medical office building in the Greenbrier submarket.
    Where is this medical office located?
    The property is located at 1533 Volvo Pkwy Chesapeake, VA.
    What is the asking price?
    The asking price for this property is $4,750,000.
    What are key features of this property?
    This property features: - Prime frontage on highly trafficked Volvo Parkway offering great visibility and access.; - Located in the established and desirable Greenbrier submarket.; - Two-story medical office building.
    (757) 873-4700
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    1533 Volvo Pkwy 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
    1533 Volvo Pkwy Chesapeake, VA 23320
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