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    700 Independence Pkwy Chesapeake, VA 23320

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    For Lease
    $13 SF/Yr

    Conditioned warehouse suites with roll-up doors for lease.

    Property size:
    24,250 SF
    Lot size:
    11.24 Acres

    Property Features for 700 Independence Pkwy

    General Information

    Size
    24,250 SF
    Lot size
    11.24 Acres

    Source: Colliers | Norfolk Agent Pat Mugler

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

    Overview

    Conditioned Warehouse Space Available

    The property features conditioned warehouse space available in two suites. Suite 100 offers a warehouse space of 3,020 square feet with ceiling heights of approximately 17 feet 6 inches to the joist and approximately 19 feet 8 inches to the deck. Suite 500 provides a warehouse space of 6,079 square feet with ceiling heights of approximately 16 feet 8 inches to the joist and approximately 19 feet to the deck. The building is equipped with a wet pipe sprinkler system and has 480/277 volt, 2,000 amp service. Verizon Smart Park fiber-optic services and Cox Fibernet are available. The property is located at 700 Independence Parkway in Chesapeake, Virginia. The total property size is 24,250 square feet.
    Location Intelligence

    Current Use by Public Records

    Emprise Corporation Software Company Consumer Portfolio Services, ... Financial Consultant

    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

    Ocean Storage - Chesapeake, Near2Me Storage Units, Tuff Shipping Containers, Yatriv

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2573827
    Latitude
    36.7667962

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    FAQs

    What type of property is this?
    Warehouse - Conditioned warehouse suites with roll-up doors for lease.
    Where is this warehouse located?
    The property is located at 700 Independence Pkwy Chesapeake, VA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Large warehouse spaces available: Suite 500 (6,079 RSF) and Suite 100 (3,020 RSF).; - **High ceilings** in both suites (+\/-16'-8" to +/-17'-6" to the joist; +/-19'-0" to +/-19'-8" to the deck).; - Conditioned warehouse space in both suites.
    (757) 490-3300
    Request Owner's contact information
    700 Independence Pkwy 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
    700 Independence Pkwy Chesapeake, VA 23320
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