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Industrial Land with Adjacent House
For Sale
$1,600,000

1828 Mount Pleasant Rd, Chesapeake, VA 23322

Two-parcel offering combines an M1-zoned tract with a smaller residential tract.

Property Size2,400 SF
Price / SF$666.67
Days on Market70

Property Features for 1828 Mount Pleasant Rd

General Information

Standard status Active
Size 2,400 SF

Building Details

Year Built 1997
Listing Agency: 1st Class Real Estate Flagship
Listed By: Luke Nicolaison
Source: Horakrealtygroup
Added: Aug 9 Changed: Oct 1 Last Checked: Oct 7 at 3:59PM

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 1st Class Real Estate Flagship

Rey
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Investment Insights

Based on property information with market context.

This industrial land offering consists of two parcels totaling 22.25 +/- acres. The larger tract is currently zoned M1, while the smaller tract carries residential zoning. Any proposed use remains subject to applicable zoning requirements and City of Chesapeake review.

The property at 1828 Mount Pleasant Rd must be purchased together with 1832 Mount Pleasant Road, which adjoins and runs parallel to the land. The companion property includes a small house with power, septic, and well. Interested parties should consult the City of Chesapeake Zoning and Planning regarding allowable uses.

Key Highlights

  • Two parcels totaling 22.25 +/- acres
  • Large tract currently zoned M1
  • Smaller tract currently carries residential zoning

Property Analytics

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Current Use

Brown Plumbing & Septic ... Plumbing Service

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Hair Salon Bakery Kitchen & Bath Showroom Nail Salon

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

21
Businesses Nearby

Demographics for 23322, VA

66,994
Population
22,386
Households
3
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
187.8 sq mi
ZIP Area
357
Density / Sq Mi
$133,522
Median Household Income
$55,549
Median Earnings
$1,870
Median Rent
$448,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Industrial land - Two-parcel offering combines an M1-zoned tract with a smaller residential tract.
Where is this industrial land located?
The property is located at 1828 Mount Pleasant Rd Chesapeake, VA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two parcels totaling 22.25 +/- acres; Large tract currently zoned M1; Smaller tract currently carries residential zoning
More about this property
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