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    605 Snowden St Chesapeake, VA 23321

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    For Lease
    Contact for pricing

    9.8-Acre Lot, M-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 9.8-acre parcel of land, located at 605 Snowden Street in Chesapeake, Virginia, presents a unique opportunity for light industrial development or expansion. Situated in Chesapeake City County, the property boasts an M-1 (Light Industrial) zoning designation, offering flexibility for a wide range of commercial uses. The single-tenant zoning allows for focused development, minimizing potential conflicts with neighboring businesses. With its expansive size, this site provides ample space for construction of a substantial facility, offering significant potential for growth and profitability. The property's address is 605 Snowden St, Chesapeake, VA 23321, and its precise coordinates are 36.7779503 latitude and -76.4360397 longitude. This prime location offers excellent access to major transportation arteries, facilitating efficient logistics and distribution. The absence of existing buildings allows for complete design control and customization to meet specific business needs. This is an exceptional opportunity to acquire a strategically located and sizable industrial land parcel in a thriving Virginia market. The property is available for lease. Serious inquiries are encouraged to explore the possibilities this site offers.

    Property Features for 605 Snowden St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available space
    Size
    0 SF

    HighLights

    • ±9.8‑acre site (3.8 acres immediately available, 6 acres available June 2025).
    • Fully stabilized and fenced site.
    • Prime location across from Hampton Roads Executive Airport, with easy access to US 58 and ~1 mile from I‑664.
    • Truck access via W Military Hwy (parallel to US 58).
    • Owner is stabilizing and resurfacing the entire site; interior fencing will be added if subdivided.
    • M‑1 (Light Industrial) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Food Market HVAC Service Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.4360397
    Latitude
    36.7779503

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    FAQs

    What type of property is this?
    Land - 9.8-Acre Lot, M-1 Zoning
    Where is this land located?
    The property is located at 605 Snowden St Chesapeake, VA.
    What are key features of this property?
    This property features: ±9.8-acre site (3.8 acres immediately available, 6 acres available June 2025).; Fully stabilized and fenced site.; Prime location across from Hampton Roads Executive Airport, with easy access to US 58 and ~1 mile from I-664.
    Request Owner's contact information
    605 Snowden St Chesapeake, VA 23321
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    Chesapeake, VA 23321
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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
    605 Snowden St Chesapeake, VA 23321
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