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    900 Battlefield Blvd Chesapeake, VA 23320

    Sponsored
    For Sale
    $4,900,000

    Prime 11.59-acre development site in Chesapeake, VA. High traffic count.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 11.59-acre development site presents a unique investment opportunity in Chesapeake, Virginia. Strategically located at 900 N Battlefield Blvd, this property boasts a highly desirable location with exceptional visibility and accessibility. The site is comprised of approximately 9.59 acres zoned B-2 (General Business) and approximately 2 acres zoned O-I (Office Industrial), offering flexibility for a variety of development projects. The property benefits from a prominent northbound median break on Battlefield Boulevard, ensuring high traffic exposure for any future development. A significant advantage is the existing Best Management Practices (BMP) system already in place on the site, streamlining the development process. Shared ingress/egress with a Nissan dealership provides convenient access. Furthermore, the property enjoys a substantial traffic count of 45,000 vehicles per day (VPD) as of 2023, indicating strong potential for commercial success. The asking price for this exceptional development site is $4,900,000. This property is situated in Chesapeake County, Virginia, with a zip code of 23320. The coordinates are 36.7525844 latitude and -76.2478083 longitude. This is a rare opportunity to acquire a large, well-located parcel in a thriving commercial area.

    Property Features for 900 Battlefield Blvd

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 11.59‑acre development site in Chesapeake, VA.
    • ±9.59 acres zoned B‑2 (General Business) and ±2 acres zoned O‑I (Office Industrial).
    • Prominent northbound median break on Battlefield Boulevard.
    • Existing on‑site Best Management Practices (BMP) system.
    • Shared ingress/egress with Nissan dealership.
    • 45,000 VPD (2023).
    Property Profile Location Intelligence

    Current Use by Public Records

    Great Bridge Pumpkin ... Pumpkin Patch

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2478083
    Latitude
    36.7525844

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    FAQs

    What type of property is this?
    Land - Prime 11.59-acre development site in Chesapeake, VA. High traffic count.
    Where is this land located?
    The property is located at 900 Battlefield Blvd Chesapeake, VA.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: 11.59-acre development site in Chesapeake, VA.; ±9.59 acres zoned B-2 (General Business) and ±2 acres zoned O-I (Office Industrial).; Prominent northbound median break on Battlefield Boulevard.
    Request Owner's contact information
    900 Battlefield Blvd Chesapeake, VA 23320
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    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
    900 Battlefield Blvd Chesapeake, VA 23320
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