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    Debaun Loop Chesapeake, VA 23320

    Sponsored
    For Sale
    Contact for pricing

    Prime 8-acre commercial lot, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8-acre commercial land parcel presents a remarkable development opportunity in Chesapeake, Virginia. Located on Debaun Loop, this B2-zoned property offers unparalleled visibility and accessibility. The site boasts convenient access to a signalized intersection, ensuring high traffic exposure from Battlefield Boulevard (70,000 vehicles per day) and Interstate 64 (90,000 vehicles per day). Its strategic location places it directly across Battlefield Boulevard from a significant 260,000 square foot Kroger Marketplace-anchored shopping center, guaranteeing substantial foot traffic and consumer presence. Furthermore, the property is situated adjacent to a nearly 3.56-acre parcel currently under development as a Mainstay Suites Hotel, creating a synergistic environment for future businesses. The site's proximity to a variety of employers, retail establishments, dining options, and entertainment venues adds to its overall appeal and potential for significant return on investment. Outparcel pads ranging from approximately 1.5 to 8.14 acres are available, providing flexibility for various development scenarios. This is a rare opportunity to acquire a highly desirable commercial land parcel in a thriving area of Chesapeake, Virginia. The B2 zoning allows for a wide range of commercial uses, making this an attractive investment for developers seeking a prime location with exceptional visibility and accessibility.

    Property Features for 0 Debaun Loop

    General Information

    Property type
    Land
    Lot Size
    348,480 SF

    HighLights

    • 8‑acre commercial land parcel available for development in Chesapeake, VA.
    • Adjacent to a 3.56‑acre site with a Mainstay Suites Hotel under construction.
    • High visibility and accessibility via signalized intersection; Battlefield Blvd (70,000 VPD) and I‑64 (90,000 VPD).
    • Across Battlefield Blvd from a 260,000 SF Kroger‑anchored shopping center.
    • Excellent location near employers, retail, dining, and entertainment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2565968
    Latitude
    36.7804345

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    FAQs

    What type of property is this?
    Land - Prime 8-acre commercial lot, ideal for development.
    Where is this land located?
    The property is located at Debaun Loop Chesapeake, VA.
    What are key features of this property?
    This property features: 8-acre commercial land parcel available for development in Chesapeake, VA.; Adjacent to a 3.56-acre site with a Mainstay Suites Hotel under construction.; High visibility and accessibility via signalized intersection; Battlefield Blvd (70,000 VPD) and I-64 (90,000 VPD).
    (757) 640-2412
    Request Owner's contact information
    Debaun Loop 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
    Debaun Loop Chesapeake, VA 23320
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