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    601 Volvo Pkwy Chesapeake, VA 23320

    Sponsored
    For Lease
    Contact for pricing

    Chesapeake, VA: Prime Retail Opportunity

    Lot size:
    2,506 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,506 square foot retail space is available for lease at 601 Volvo Parkway in Chesapeake, Virginia. Located in the Chesapeake submarket, this single-tenant property offers a blank canvas for a variety of commercial ventures. The entire building is currently vacant, providing immediate occupancy for a new business. The property's address is conveniently situated at 601 Volvo Parkway, zip code 23320, within Chesapeake County, Virginia. Its prime location offers excellent visibility and accessibility for customers. The building's total square footage is 2,506 square feet, providing ample space for a diverse range of retail operations. This presents a unique opportunity for businesses seeking a well-positioned, readily available space in a thriving commercial area. The property is classified as retail commercial real estate, perfect for a variety of uses. The single-tenant occupancy ensures exclusive use of the entire space, offering complete control and customization. Interested parties are encouraged to explore the potential of this exceptional retail space in a highly desirable Chesapeake location. The property is ready for immediate occupancy, allowing for a swift and efficient business launch. This presents a rare opportunity to establish a strong presence in a vibrant commercial area. The property's location in Chesapeake, Virginia, offers access to a substantial customer base and strong regional connectivity.

    Property Features for 601 Volvo Pkwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,506 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,506 SF

    HighLights

    • 2,506 SF endcap retail space at 601 Volvo Parkway, Chesapeake, VA 23320.
    • New construction, vanilla shell with patio and restaurant‑ready utilities.
    • High visibility on Volvo Parkway, near top‑tier retail, restaurants, and offices, across from Dollar Tree headquarters.
    • Convenient access to two I‑64 interchanges.
    • Volvo Parkway traffic count: 23,000 ADT.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2387595
    Latitude
    36.7671719

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    FAQs

    What type of property is this?
    Retail property - Chesapeake, VA: Prime Retail Opportunity
    Where is this retail property located?
    The property is located at 601 Volvo Pkwy Chesapeake, VA.
    What are key features of this property?
    This property features: 2,506 SF endcap retail space at 601 Volvo Parkway, Chesapeake, VA 23320.; New construction, vanilla shell with patio and restaurant-ready utilities.; High visibility on Volvo Parkway, near top-tier retail, restaurants, and offices, across from Dollar Tree headquarters.
    Request Owner's contact information
    601 Volvo Pkwy 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
    601 Volvo Pkwy Chesapeake, VA 23320
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