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    501 Kempsville Rd Chesapeake, VA 23320

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    For Lease
    Contact for pricing

    Retail space available in a high-traffic Chesapeake location.

    Property size:
    3,000 SF
    Lot size:
    2.84 Acres

    Property Features for 501 Kempsville Rd

    General Information

    Size
    3,000 SF
    Lot size
    2.84 Acres

    Source: Colliers | Norfolk Agent Natalie Hucke

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

    Overview

    Retail Space in Busy Center

    This retail space is located in a busy boutique center at the intersection of Kempsville Road and Greenbrier Parkway. The location provides convenient access to Greenbrier Parkway, Battlefield Blvd N., and the Chesapeake Expressway (Rt. 168 Bypass). The center is adjacent to a Walmart Neighborhood Market and Wawa. Traffic counts at the intersection of Kempsville Rd and Greenbrier Pkwy are approximately 31,000 AAWDT. Current co-tenants include The Broken Egg Bistro, Rita’s Italian Ice, Glazenfyre, a sushi restaurant, Chesapeake Dance Center, Elite Nails, China #1, and Diversity Cuts & Styles. The property offers approximately 3000 square feet of retail space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ang's Sushi Bistro Sushi Restaurant The Egg Bistro Breakfast Restaurant Diversity Cuts and Styles Barber Shop Rita's Italian Ice ... Ice Cream Shop The Exercise Coach Chesapeake Personal Trainer

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2233273
    Latitude
    36.7439512

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in a high-traffic Chesapeake location.
    Where is this strip mall located?
    The property is located at 501 Kempsville Rd Chesapeake, VA.
    What are key features of this property?
    This property features: - High-traffic location at the intersection of Kempsville Road & Greenbrier Parkway (31,000 AAWDT).; - Convenient access to major thoroughfares: Greenbrier Parkway, Battlefield Blvd N., and Chesapeake Expressway (Rt. 168 Bypass).; - Anchored by Walmart Neighborhood Market & Wawa.
    (757) 490-3300
    Request Owner's contact information
    501 Kempsville Rd 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
    501 Kempsville Rd Chesapeake, VA 23320
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