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    644 Independence Pkwy Chesapeake, VA 23320

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    For Sale
    Contact for pricing

    185-acre corporate park with lakefront setting and Interstate visibility.

    Lot size:
    7.55 Acres

    Property Features for 644 Independence Pkwy

    General Information

    Lot size
    7.55 Acres

    Source: Colliers | Norfolk Agent Gray Randolph

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

    Overview

    185-Acre Corporate Mixed-Use Park

    This 185-acre corporate mixed-use park features a pristine lakefront setting with prominent Interstate 64 visibility and access. Major tenants include USAA, CHKD, Sentara, Chubb Life, US Government, US Coast Guard, and many regional and local users. The park includes two new Hilton Extended Stay hotels, a full-service senior assisted living community, and two lakes to accommodate on-site retention.
    Location Intelligence

    Current Use by Public Records

    L.I.F.E Real Estate ... Real Estate Agent Delia Longoria, 1st ... Real Estate Agent Renata Jackson Real ... Real Estate Agent Amanda B. Grizzard, ... Counselor Blackbridge Financial 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.

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2617136
    Latitude
    36.7664391

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    FAQs

    What type of property is this?
    Land - 185-acre corporate park with lakefront setting and Interstate visibility.
    Where is this land located?
    The property is located at 644 Independence Pkwy Chesapeake, VA.
    What are key features of this property?
    This property features: - 185-acre corporate mixed-use park with established major tenants.; - Prominent Interstate 64 visibility and access.; - Pristine lakefront setting.
    (757) 560-0993
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    644 Independence Pkwy 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
    644 Independence Pkwy Chesapeake, VA 23320
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