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    940 Corporate Ln Chesapeake, VA 23320

    For Lease
    $13 SF/Yr ($6,075 /Mo)

    5,400 SF industrial space with office and warehouse components.

    Property size:
    5,400 SF
    Lot size:
    1.24 Acres

    Property Features for 940 Corporate Ln

    General Information

    Size
    5,400 SF
    Lot size
    1.24 Acres

    Source: Riddle Associates, Inc Agent Bill Brackman

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

    Overview

    Industrial Space Available For Lease

    This 5,400 square foot industrial space, available in early 2026 (or potentially sooner), features an industrial gross lease structure. The tenant is responsible for utilities, janitorial services, and interior maintenance, while the landlord covers real estate taxes, casualty insurance, and common area maintenance. The layout includes 850 square feet of office space and 4,550 square feet of warehouse area. The property is equipped with 3 overhead doors and offers convenient access to Greenbrier Parkway and I-64.
    Insight Report Location Intelligence

    Current Use by Public Records

    C Wright Contracting General Contractor Tidewater Auto Electric ... Auto Repair Shop Kelley Dirom REMAX ... Real Estate Agent Bartlett & White Carpet ... Carpet Installer IBEW System Council Labor Union

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Public Storage, Norfolk VPC, Ryder, Conley's Mini-Storage, Telomerix Stem Cell Biobank, LLC.

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2282601
    Latitude
    36.7572344

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    FAQs

    What type of property is this?
    Warehouse - 5,400 SF industrial space with office and warehouse components.
    Where is this warehouse located?
    The property is located at 940 Corporate Ln Chesapeake, VA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Convenient access to Greenbrier Parkway and I-64; - 5,400 Square Foot total space; - 4,550 SF Warehouse space
    (757) 377-0971
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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
    940 Corporate Ln Chesapeake, VA 23320
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