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Deepwater Industrial Land
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1324 McCloud Rd, Chesapeake, VA 23324

M-2-zoned industrial land with river access, tank storage, and a DEQ general permit on file.

Property SizeContact for details
Days on Market144

Property Features for 1324 McCloud Rd

General Information

Standard status Active
Property subtype Land
Listing Agency: Global Real Estate Investment, Inc.
Listed By: Michael Zarpas · License #VA 0225029596
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 6:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Global Real Estate Investment, Inc.

Investment Insights

Based on property information with market context.

This 8-acre industrial land site occupies a waterfront position along the Southern Branch of the Elizabeth River. Marine access includes 32-foot depth at the dolphins and a 35-foot channel. The property is zoned M-2 for General Industrial use, with a DEQ general permit on file.

Two above-ground tanks remain on the site: Tank 8, positioned nearest the river, has 2.1mm gallons of capacity, while Tank 103 has 1.9mm gallons. A former rail spur has been removed and is out of service, with the ability to be reestablished noted in the property information. The site is located at 1324 McCloud Rd in Chesapeake, Virginia.

Key Highlights

  • 8‑acre industrial land site along the Southern Branch of the Elizabeth River
  • 32‑foot depth at the dolphins and 35‑foot channel depth
  • M‑2 zoning designation for General Industrial use

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby

Demographics for 23324, VA

24,239
Population
9,834
Households
2.5
Avg Household Size
34
Median Age
21%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,618
Density / Sq Mi
$57,774
Median Household Income
$39,642
Median Earnings
$1,145
Median Rent
$242,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - M-2-zoned industrial land with river access, tank storage, and a DEQ general permit on file.
Where is this industrial land located?
The property is located at 1324 McCloud Rd Chesapeake, VA.
What are key features of this property?
This property features: 8‑acre industrial land site along the Southern Branch of the Elizabeth River; 32‑foot depth at the dolphins and 35‑foot channel depth; M‑2 zoning designation for General Industrial use
(757) 777-9355 Call to check price and availability
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