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    2448 Chesapeake Square Ring Rd Chesapeake, VA 23321

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    For Sale
    $1,180,000

    2.95 acres near Wal-Mart and Sam's Club.

    Lot size:
    2.95 Acres

    Property Features for 2448 Chesapeake Square Ring Rd

    General Information

    Lot size
    2.95 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Chris Devine

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

    Overview

    2.95 Acre Retail Land Available

    This 2.95-acre commercial land parcel is shadow-anchored by a Wal-Mart Supercenter and Sam's Club. The property is located near I-664 and Chesapeake Square Mall. Approved plans are in place for 23,700 square feet of retail shops.
    Insight Report Location Intelligence

    Current Use by Public Records

    ecoATM Electronics Vending Machine Walmart Connection Center Cell Phone Store Walmart Money Center Money Order Service MoneyGram Money Transfer Service Walmart Home Services Home Help Service Agency

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.4182184
    Latitude
    36.8300027

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    FAQs

    What type of property is this?
    Land - 2.95 acres near Wal-Mart and Sam's Club.
    Where is this land located?
    The property is located at 2448 Chesapeake Square Ring Rd Chesapeake, VA.
    What is the asking price?
    The asking price for this property is $1,180,000.
    What are key features of this property?
    This property features: - 2.95 acre lot; - Shadow-anchored by Wal-Mart Supercenter and Sam's Club; - Near I-664 and Chesapeake Square Mall
    (757) 627-8611
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    2448 Chesapeake Square Ring Rd 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
    2448 Chesapeake Square Ring Rd Chesapeake, VA 23321
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