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    4200 Portsmouth Blvd Chesapeake, VA 23321

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    For Lease
    Contact for pricing

    Retail space available near new Amazon fulfillment centers and residences.

    Property size:
    1,540 SF
    Lot size:
    74.84 Acres

    Property Features for 4200 Portsmouth Blvd

    General Information

    Size
    1,540 SF
    Lot size
    74.84 Acres

    Source: Kotarides Property Management Agent Susan Springer

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

    Overview

    Retail Space in Chesapeake, VA

    This retail space is located in Chesapeake, VA. According to Placer.ai cell phone tracking data, the property received 2.8 million visits in 2023. Two new Amazon fulfillment centers recently opened nearby, bringing 1,700 new jobs to the market. There are new residential rooftops coming to the market, with 2,000 new residential units approved or permitted and over 1,100 residential units recently delivered. The City of Chesapeake is in the planning stages of a $5 million corridor improvement plan. The property offers 1,540 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Burlington Clothing Store Woody's Raw Bar ... Bar & Grill KAY Jewelers Jewelry Store Chinese Gourmet Express Chinese Restaurant Nori Japan Asian Restaurant

    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.

    Similar Places Nearby

    Chesapeake Square, Chesapeake Center, The Crossroads at Chesapeake Square, Stonebridge Plaza, Chesapeake Center

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.4143073
    Latitude
    36.8283576

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    FAQs

    What type of property is this?
    Shopping center - Retail space available near new Amazon fulfillment centers and residences.
    Where is this shopping center located?
    The property is located at 4200 Portsmouth Blvd Chesapeake, VA.
    What are key features of this property?
    This property features: - High traffic location with 2.8M visits in 2023 (Placer.ai data); - Significant job growth due to nearby Amazon fulfillment centers (1,700 new jobs); - Extensive new residential development in the area (2,000 units approved/permitted, 1,100+ recently delivered)
    (757) 461-1000
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    4200 Portsmouth Blvd Chesapeake, VA 23321
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    Chesapeake, VA 23321
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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
    4200 Portsmouth Blvd Chesapeake, VA 23321
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