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    2517 Military Hwy Chesapeake, VA 23320

    Sponsored
    For Lease
    $10 SF/Yr

    Multiple warehouse units available for lease.

    Lot size:
    83,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 2517 & 2519 S Military Hwy in Chesapeake, Virginia (zip code 23320), offers a total of 83,000 square feet of warehouse space. The property is zoned M-1 and situated in Chesapeake County. Multiple tenancy options are available, with spaces ranging from a minimum of 1,800 square feet to a maximum contiguous space of 5,400 square feet. Currently, 9,000 square feet of warehouse space is vacant and ready for immediate occupancy. The building features a 12-foot ceiling height, providing ample vertical space for storage and operations. Ten drive-in doors ensure efficient loading and unloading. Ample parking is available for tenants and their employees. This prime location in Chesapeake offers easy access to major transportation routes, making it an ideal location for businesses requiring convenient logistics and distribution capabilities. Contact us today to learn more about leasing opportunities and to schedule a viewing of this exceptional warehouse space.

    Property Features for 2517 Military Hwy

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    83,000 SF
    Total Rate
    69166.67

    Unit(s) available at that property

    Space
    2517 S. Military Hwy, Suite A-C
    Size
    5,400 SF
    Rate per SF
    $11
    Space
    2519 S Military Hwy, Suite C
    Size
    1,800 SF
    Rate per SF
    $12
    Space
    2519 S Military Hwy, Suite D
    Size
    1,800 SF
    Rate per SF
    $12
    Space
    2511-E
    Size
    1,800 SF
    Rate per SF
    $10

    HighLights

    • Ten flex buildings totaling nearly 83,000 square feet.
    • Prime Chesapeake location with easy access to I‑464 and I‑64.
    • M‑1 zoning.
    • 12‑foot ceiling height.
    • 10' x 10' grade‑level loading docks.
    • Abundant on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -76.2824605
    Latitude
    36.7766171

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    FAQs

    What type of property is this?
    Distribution property - Multiple warehouse units available for lease.
    Where is this distribution property located?
    The property is located at 2517 Military Hwy Chesapeake, VA.
    What is the lease rate?
    The lease rate is $10-$12 SF/Yr.
    What are key features of this property?
    This property features: Ten flex buildings totaling nearly 83,000 square feet.; Prime Chesapeake location with easy access to I-464 and I-64.; M-1 zoning.
    Request Owner's contact information
    2517 Military Hwy 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
    2517 Military Hwy Chesapeake, VA 23320
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