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    7924 Chesapeake Blvd Norfolk, VA 23518

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    For Sale
    $4,015,606

    Retail space in established shopping center near Little Creek Base.

    Property size:
    25,816 SF
    Lot size:
    2.22 Acres

    Property Features for 7924 Chesapeake Blvd

    General Information

    Size
    25,816 SF
    Lot size
    2.22 Acres

    Source: Kotarides Property Management Agent Chris Good

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

    Overview

    Retail Space in Bayview Plaza

    Located in the established Bayview neighborhood, this 6,886 square foot space is situated in Bayview Plaza, a shopping center with a mix of restaurants and medical office spaces. The property is positioned off the signalized intersection of Chesapeake Boulevard and E. Little Creek Road, near a CVS and Wawa. The location benefits from high traffic volume, with over 34,000 vehicles per day at the intersection. Pylon signage is available. The property is three miles from Little Creek Amphibious Base, which has a daytime population of 19,000. Formerly occupied by a primary care doctor's office, this space presents an investment or owner-occupant opportunity. The 25,816 square foot shopping center is near above average Wawa and CVS locations.
    Location Intelligence

    Current Use by Public Records

    Bayview-Nowcare Medical Center: ... General Practitioner Kirsten Santianni Family Practice Physician Rogers Lynette S ... Family Practice Physician Michelle L. Kimball, ... Pharmacy Joel D. Gutierrez, ... Pharmacy

    Suggested Use

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

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

    Similar Places Nearby

    Quick-Tag, Let's Get Nerdy!, Little Creek Square, Little Creek Marketplace, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2410002
    Latitude
    36.9160643

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    FAQs

    What type of property is this?
    Shopping center - Retail space in established shopping center near Little Creek Base.
    Where is this shopping center located?
    The property is located at 7924 Chesapeake Blvd Norfolk, VA.
    What is the asking price?
    The asking price for this property is $4,015,606.
    What are key features of this property?
    This property features: - High traffic location: Over 34,000 vehicles per day at the intersection of Chesapeake Blvd. and E. Little Creek Road.; - Convenient location: Immediately off the signalized intersection of Chesapeake Boulevard and E. Little Creek Road, near CVS and Wawa.; - Investment or owner-occupant opportunity: **Vacant 6,886 SF space formerly a primary care doctor's office, available for occupancy or lease.**
    (757) 461-1000
    Request Owner's contact information
    7924 Chesapeake Blvd Norfolk, VA 23518
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    Norfolk, VA 23518
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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
    7924 Chesapeake Blvd Norfolk, VA 23518
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