Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Armstrong Rd Chesapeake, VA 23322

    For Sale
    Contact for pricing

    Prime Commercial Land in New Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Edinburgh Farms presents a unique investment opportunity in Southern Chesapeake, Virginia. This exceptional commercial land offering is part of a thriving 60+ acre mixed-use development, strategically located directly off Route 168 Chesapeake Expressway. The property is zoned PUD (Planned Unit Development), allowing for a variety of commercial uses, including medical facilities. Priced at $450,000 per acre, this land provides access to a rapidly growing community. The Edinburgh Farms development is the largest mixed-use project in Southern Chesapeake, featuring over 1,000 new homes and condos, with further expansion planned. This ensures a robust and expanding customer base for any commercial venture. The site benefits from a well-planned infrastructure, including a comprehensive master-planned stormwater management system, contributing to a sustainable and attractive environment. Furthermore, the development prioritizes pedestrian accessibility, boasting nearly a mile of walking trails, creating a vibrant and walkable community. This prime location offers excellent visibility and accessibility, making it an ideal site for businesses seeking to establish a presence in a thriving and expanding market. The surrounding area includes a diverse mix of retailers, residential properties, and medical and educational facilities, creating a synergistic and dynamic environment. Don't miss this chance to secure a piece of this exceptional development.

    Property Features for 0 Armstrong Rd

    General Information

    Property type
    Medical space

    HighLights

    • Largest mixed‑use development in Southern Chesapeake.
    • Over 1,000 new homes and condos, with planned expansion, ensuring a strong customer base.
    • Master‑planned stormwater management system.
    • Pedestrian‑friendly with nearly one mile of walking trails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical space

    Map

    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.2335668
    Latitude
    36.6528113

    Nearby Similar for Sale

    • $700,000
      0.13 Acres

      Versatile Chesapeake Medical/Professional Office

      Adaptable office property in prime Chesapeake location with excellent accessibility.
      3808 Poplar Hill Rd, Chesapeake, VA 23321
      View Details
    • $625,000
      5,622 SF

      Versatile Building with Seller Financing

      5,622 SF building on 0.63 acres with excellent visibility.
      928 Canal Dr, Chesapeake, VA 23323
      View Details
    • $435,000
      4,000 SF

      Mixed-Use Property Near Downtown Norfolk

      Fully rented mixed-use property with commercial and residential spaces near downtown.
      1300 Bainbridge Blvd, Chesapeake, VA 23324
      View Details
    • $499,000
      3,360 SF

      Unique Commercial Space For Sale

      Commercial space suitable for art gallery, studio, or boutique.
      3106 Western Branch Blvd, Chesapeake, VA 23321
      View Details
    • $170,000
      2,000 SF

      Established Cafe Business Opportunity

      Profitable cafe business for sale in prime Chesapeake location.
      1032 Volvo Pkwy, Chesapeake, VA 23320
      View Details
    • Contact for pricing
      1.90 Acres

      Chesapeake Office Space Available

      Class A office space for lease in Chesapeake, Virginia.
      409 Innovation Dr, Chesapeake, VA 23320
      View Details

    FAQs

    What type of property is this?
    Medical space - Prime Commercial Land in New Development
    Where is this medical space located?
    The property is located at Armstrong Rd Chesapeake, VA.
    What are key features of this property?
    This property features: Largest mixed-use development in Southern Chesapeake.; Over 1,000 new homes and condos, with planned expansion, ensuring a strong customer base.; Master-planned stormwater management system.
    (757) 491-1990
    Request Owner's contact information
    Armstrong Rd Chesapeake, VA 23322
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Armstrong Rd
    Chesapeake, VA 23322
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Armstrong Rd Chesapeake, VA 23322
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.