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    1025 Battlefield Blvd S Chesapeake, VA 23322

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    For Sale
    $3,300,000

    Prime corner lot suitable for grocery, retail, or multifamily use.

    Lot size:
    7.80 Acres

    Property Features for 1025 Battlefield Blvd S

    General Information

    Lot size
    7.80 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Tommy Drew

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

    Overview

    Corner Lot for Retail

    This corner lot is positioned for grocery or retail development, with potential for multifamily use requiring rezoning. It is adjacent to a recently approved mixed-use development project, The Villages at Great Bridge, which includes 101 residential units and 18,500 square feet of retail space. The location offers high retail sales potential within a high-income neighborhood and benefits from strong shopping patterns in the Great Bridge submarket. The property provides immediate access to State Highway 168 and the Great Bridge Bypass.
    Insight Report Location Intelligence

    Current Use by Public Records

    Discount Tire Gas Station

    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
    -76.2485769
    Latitude
    36.7568093

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    FAQs

    What type of property is this?
    Commercial land - Prime corner lot suitable for grocery, retail, or multifamily use.
    Where is this commercial land located?
    The property is located at 1025 Battlefield Blvd S Chesapeake, VA.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - Located in a very high-income neighborhood.; - Adjacent to a new, approved mixed-use development (The Villages at Great Bridge) with 101 residential units and 18,500 SF of retail space.; - Immediate access to State Highway 168/Great Bridge Bypass.
    (757) 618-0661
    Request Owner's contact information
    1025 Battlefield Blvd S Chesapeake, VA 23322
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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
    1025 Battlefield Blvd S Chesapeake, VA 23322
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