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    843 Battlefield Blvd Chesapeake, VA 23320

    Sponsored
    For Sale
    $950,000

    Prime 0.653-acre lot, build-to-suit.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.653-acre commercial land parcel, totaling approximately 16,048 square feet, is ideally situated at 843 N. Battlefield Boulevard in Chesapeake, Virginia, zip code 23320. The property boasts a highly desirable B-2 zoning designation, making it suitable for a variety of commercial developments, including retail or medical office buildings. Its location within the heart of Great Bridge's retail corridor, a sought-after area in Chesapeake, ensures high visibility and accessibility. The site benefits from its proximity to Chesapeake Regional Hospital, directly across the street, and enjoys convenient access to major thoroughfares such as the Great Bridge Bypass, I-64, and the Chesapeake Expressway. With over 36,000 vehicles passing daily on North Battlefield Boulevard, this location offers exceptional exposure to a large potential customer base. The favorable demographics and high traffic counts make this a compelling investment opportunity for developers seeking a prime location for a build-to-suit project. The asking price for this exceptional property is $950,000.

    Property Features for 843 Battlefield Blvd

    General Information

    Property type
    Land
    Lot Size
    28,445 SF

    HighLights

    • ±0.653‑acre (±16,048 SF) commercial lot available for build‑to‑suit retail or medical office development on N. Battlefield Blvd., Chesapeake, VA.
    • Prime location in Great Bridge's retail corridor, directly across from Chesapeake Regional Hospital.
    • Excellent access to Great Bridge Bypass, I‑64, and Chesapeake Expressway.
    • High traffic counts (36,000+ VPD) and favorable demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Acclaim at Greenbrier Apartment Complex

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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 City
    State
    Virginia
    Longitude
    -76.245938
    Latitude
    36.751097

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    FAQs

    What type of property is this?
    Land - Prime 0.653-acre lot, build-to-suit.
    Where is this land located?
    The property is located at 843 Battlefield Blvd Chesapeake, VA.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: ±0.653-acre (±16,048 SF) commercial lot available for build-to-suit retail or medical office development on N. Battlefield Blvd., Chesapeake, VA.; Prime location in Great Bridge's retail corridor, directly across from Chesapeake Regional Hospital.; Excellent access to Great Bridge Bypass, I-64, and Chesapeake Expressway.
    (757) 407-9499
    Request Owner's contact information
    843 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
    843 Battlefield Blvd Chesapeake, VA 23320
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